Stock Groups

Brazil Set To Adopt Bitcoin As Its Legal Tender By CoinQuora

© Reuters. Brazil Will Adopt Bitcoin to Its Law Tender
  • Brazil will adopt legal tender.
  • In a matter of days, the bill that regulates Bitcoin will be sent to the Chamber plenary.

A debate over the adoption of digital assets in Brazil began a few years ago. The Brazilian government is close to finalizing its plans, thanks to the Central Bank. Brazil’s Federal Deputy, Aurero Ribeiro has noted in an interview that Brazilians will soon be able to buy houses, cars, and even McDonald’s with Bitcoin after the approval of its law. This will be soon, he said.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.