Scholars draw a problematic scenario for cryptocurrencies in Brazil

The "1st Luso-Brazilian Seminar on Cryptocurrencies - A Socio-Legal and Economic View" ended with a worrying conclusion: Brazil urgently needs a definitive regulation of cryptocurrencies. However, the parliamentary initiatives on the subject are not only moving at a slow pace but are unlikely to fill all the gaps on the subject.

RIO DE JANEIRO, BRAZIL - Not a few law operators and economists have dedicated their days and nights to studying a subject that is as fascinating as it is challenging: cryptocurrencies. And, despite all this time of study, there are still more doubts than certainties about the subject.

To try to elucidate some of these concerns, a group of experts met on May 12 at the traditional Law School of the University of Coimbra, Portugal. For four hours, the scholars . . .

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