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Brazil’s Lower House Creates Committee to Debate Bitcoin Regulation

By Arkady Petrov

RIO DE JANEIRO, BRAZIL - The President of Brazil's Chamber of Deputies, Rodrigo Maia (DEM-RJ), ordered the formation of a Special Committee to render an opinion on Bill No. 2303/2015, which would require the regulation of Bitcoin and cryptocurrencies in Brazil.

Only a couple of weeks ago, Brazil ordered companies and citizens to report Crypto transactions.

The committee will have 34 members, in accordance with the Chamber's internal regulations . . .

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