The Brazilian government has designated the Central Bank as the regulatory body for the cryptoasset market, encompassing cryptocurrencies like Bitcoin, platforms such as Ethereum, and non-fungible tokens (NFTs).The announcement was confirmed in a decree published in the recent edition of the Official Gazette.The decree, bearing the signatures of Brazilian President Luiz Incio Lula da Silva, Finance Minister Fernando Haddad, and Central Bank President Roberto Campos Neto, stipulates that the monetary authority has a six-month timeframe to establish regulations for the burgeoning sector.This industry has seen significant growth among the populace due to the proliferation ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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