PL of cryptocurrencies is approved in the Chamber of Deputies after 7 years

(Image: Unsplash/Kanchanara)

The bill that regulates services linked to virtual assets, such as cryptocurrencieswas approved by the Plenary in the deliberative session this Tuesday (29) and now goes to presidential sanction.

The deputies analyzed a substitute for the Senate to Bill 4401/21 (former PL 2303/15), nicknamed the PL of cryptoactives. The text was authored by deputy Áureo Ribeiro (Solidariedade-RJ).

The PL had already been approved in the Chamber once, where it arose, and was then urgently approved in the Senate.

The proposal was again in the House to review the changes proposed by the senators. After approval, the next step is sanction, or presidential veto.

“Today we were voting on a historic matter not only for our country but for the world and Basil puts himself at the forefront of the world when debating this topic. I would like to congratulate my friend Aureo Ribeiro who was the proponent of this project”, highlighted Federal Deputy Expedito Netto (PSD-RO).

Update:

The vote in the House now revolves around the highlights. The immediate effect – legal device for crypto entities to adjust immediately after the matter is approved – was rejected.

The highlight that deals with asset segregation – with the aim of preventing the capital of entities and clients from being mixed – was rejected from the text of the PL

The Brazilian Association of Cryptoactives (ABCripto), released an official note celebrating the approval of the text:

“The Brazilian Association of Crypto Economy – ABCripto, celebrates the approval of the Regulatory Framework for Cryptocurrencies, which took place this Tuesday (29), during the session of the Chamber of Deputies. This measure guarantees that Brazilian society will take another step towards the security and development of the sector. The Regulatory Framework is extremely important, as it establishes clear rules regarding the responsibilities of companies and the regulator. ABCripto believes in a very promising future for the area and understands that it is the first step of many that will be taken in relation to the crypto economy in Brazil.”

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Source: Moneytimes

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