The Brazilian Government Is Drafting A New Decree To Clarify The Rules Around Cryptocurrencies

Brazil’s Ministry of Finance drafts a decree to resolve any gaps in the law’s crypto formulation. Before being approved, the paper must be reviewed by Luis Inacio “Lula” Da Silva’s executive assistant. With the help of technicians from the Central Bank of Brazil and the national securities regulator, the paper is put together by Marcos Pinto, the secretary of economic reforms, and Gabriel Galipolo, the executive secretary of the Ministry of Finance