The bill, authored by deputy Aureo Ribeiro, establishes a new crime of fraud involving virtual assets, with a penalty of between two and six years plus a fine. It also stipulates the creation of a “virtual service provider” license, which is to be requested by companies, including exchanges and other crypto firms.
Bitcoin (BTC) Surges Over $71K as Ether (ETH) ETF Hopes Lead to $260M in Short Liquidations
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