#DigitalAssetBill

Bill No. 3,434/2024, known as #DigitalAssetBill, is currently under consideration in the Federal Senate of Brazil. Proposed by Senator Fernando Dueire (MDB/PE), the bill aims to regulate services and operations involving tokens of digital environmental assets, such as carbon credits and ecosystem services. The objective is to align Brazil with the best international practices in financial and environmental technology, promoting a safe and transparent regulatory environment for the tokenization of these assets.

The bill establishes criteria for governance, transparency, and traceability, utilizing technologies such as blockchain to ensure the authenticity of the tokens and prevent fraud, such as double counting of carbon credits. In December 2024, Senator Fernando Farias (MDB/AL) presented a favorable report on the bill in the Economic Affairs Committee (CAE), indicating significant political support for the proposal.

In addition, the Brazilian government, through the Central Bank, plans to regulate stablecoins and the tokenization of assets in 2025, as part of a broader strategy to modernize the financial system and combat illicit activities associated with the use of digital assets.