It seems the end of the year 2022 things are starting to move along. Another country setting up a framework for Crypto.
Instead, Brazil is simply recognizing that it can no longer stuff the genie back into the bottle when it comes to crypto. Bitcoin is too popular to ban. And it offers too much potential to ignore. Certainly, it’s encouraging that Brazil has put into place such a comprehensive framework for crypto. It’s a bullish sign for Bitcoin’s future growth and a necessary first step for legitimizing Bitcoin on a global scale.