Brazilian president indicators crypto invoice into legislation By Cointelegraph

Jair Bolsonaro, the president of Brazil set to depart workplace on Dec. 31, has signed a invoice aimed toward legalizing using crypto as a cost methodology inside the nation.

In a Dec. 22 publication of the official journal of the federal authorities of Brazil, Bolsonaro’s workplace stated the president had signed invoice 14.478 into legislation following approval from the nation’s Chamber of Deputies. The legislative physique despatched the invoice to the president’s desk on Nov. 29 as the ultimate step in recognizing crypto funds.