Commission to discuss Bitcoin regulation in Brazil
The politicians installed a special commission to discuss the regulation of virtual currencies, such as Bitcoin, by the Central Bank. A bill by Deputy Aureo (SD-RJ) proposes that crypto-coins and airline mileage programs should be monitored to protect the consumer from abuse and reduce the possibility of financing illegal activities.
Source: Tecnoblog
Thanks for sharing this @wagnertamanaha. What do you think about it? I know that (not surprisingly) interest and investment in Bitcoin and other Cryptocurrencies has skyrocketed in recent months in Brazil. I suspect that the intention behind this proposal is much more to control the market ("reduzir os riscos das moedas virtuais contra a estabilidade financeira da economia") rather than to protect us as consumers! :)
As a comparision, one only has to see how poorly money left in a savings (poupança) account has faired in recent years (although there has been some improvement of late...) - http://g1.globo.com/globo-news/conta-corrente/videos/t/todos-os-videos/v/com-inflacao-menor-poupanca-tem-maior-rendimento-real-em-11-anos/5935558/
In other words what I read was: How are we going to tax and profit from it?
Yes...that is about the long and short of it... In no other country that I have lived in does your money in the bank actually decrease over time....
However, I very much doubt that the proposal will gain much support and on the positive side, discussions over Bitcoin / cryptocurrency may have a positive effect.
In my view this has nothing to do with protecting the consumers from abuse. It has in my view more the intention to investigate how they can fiull their own pockets best.
Ate que enfim o Brasil esta acordando para o que bom!
Acordando, mas não sei se é muito positivo nesse ponto de 'regulamentação' =/
This proposal is actually from 2015! Anyone interested can follow its development here:
http://www.camara.gov.br/proposicoesWeb/fichadetramitacao?idProposicao=1555470
Brasil sempre retrogrado...que bosta! (;