$BTC

🇧🇷 The bill to create a BTC reserve in Brazil has been approved in the first instance (original)

At the same time, a Brazilian official introduced a bill proposing to tighten regulations for the crypto industry:

◽️A higher education degree in capital markets or passing a written exam will be required to obtain a cryptocurrency trading license. Additionally, there must be no criminal convictions or open criminal cases.

◽️The main innovation is a profit tax on intraday trading of crypto assets.

◽️Mining BTC and other cryptocurrencies will only be allowed for licensed organizations.

◽️New requirements will be monitored by a specially created Institute for the Registration of Virtual Platforms and Institutional Traders.

◽️Companies will have 90 days to obtain a license after starting operations; otherwise, they risk suspension of activities.

◽️At the same time, the bill allows miners to use even nuclear energy (original)