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Brazil Moves Closer to Crypto Laws, Senate Approves First Bill Governing Sector

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Brazil is moving closer to having a crypto regulatory framework. The Senate of Brazil has approved the draft of the crypto bill, that has been extended before lawmakers. The country, with over 10 million crypto investors, is focussing on adding punishments and penalties for crypto misuers. The bill could be signed into a law by the end of 2022.

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