The city of Belo Horizonte has turned into a bitcoin capital after lawmakers passed a new bill that seeks to transform it into an innovation hub for crypto and bitcoin companies. The bill, which was passed on Wednesday amid a heated argument between lawmakers, establishes incentives for businesses to accept bitcoin as payment, offering to feature them in the city’s advertising campaigns. Also, it promotes educational events to prepare citizens for this digital change. The project was approved by 20 votes in favor, 8 votes against it, and 6 abstentions. The bill will be sent to the mayor’s office for its official sanction.

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