Bitcoin.com News|Feb 07, 2025 07:33
🇧🇷 Brazil Moves Closer to Crypto Fund Approval! 🚀💰
A new draft bill by São Paulo MP Adriana Ventura could soon allow Brazilian investment funds to buy cryptocurrencies!
Published on the Brazilian parliament’s website, the bill seeks to balance investor demand with a regulated framework, enabling funds to diversify and strengthening 🇧🇷 Brazil’s role in the booming Latin American crypto market.
Will this open the floodgates for institutional crypto adoption in Brazil?
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