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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.

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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.