A new regulatory framework for cryptocurrencies, approved in December 2022, is taking effect in Brazil.Key features include the integration of fraud penalties into the Criminal Code and the establishment of norms for cryptocurrency exchanges.The legislation, which the industry has received positively, expands existing financial laws and allows for more detailed regulation of cryptocurrency transactions.Until now, the regulations had not been adapted to transactions with services related to virtual assets.Experts believe this new framework could help prevent fraud, such as that of a former professional footballer who lost 6.3 million reais by investing in a cryptocurrency ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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