The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31.

The Chamber of Deputies of Brazil is a federal legislative body and the lower house of the National Congress of Brazil, and consists of representatives of the states elected every four years. The Chamber discusses and approves proposals for economic and social areas such as education, health, transport, and housing.

On May 30, the President of the Chamber of Deputies, Deputy Rodrigo Maia has requested the creation of a special commission to deliver an opinion on bill 2303/2015, which aims to regulate bitcoin (BTC) and other digital currencies in Brazil.

✔️Read full article here: https://cointelegraph.com/news/brazil-establishes-committee-for-cryptocurrency-regulation

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