Brazil’s Fourth Largest City Belo Horizonte Votes to Pass Bitcoin-Related Bill

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PANews
05-10
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PANews news on May 10th, according to Bitcoin.com, legislators in Belo Horizonte, the fourth largest city in Brazil, passed a groundbreaking bill aimed at transforming the city into an innovation center for cryptocurrency and Bitcoin companies. The bill provides incentives for businesses that accept Bitcoin payments and promises to highlight these companies in city advertising. Additionally, the bill promotes educational activities to help citizens adapt to this digital transformation. The bill was passed with 20 votes in favor, 8 votes against, and 6 abstentions. Currently, the bill will be submitted to the mayor's office for final approval.

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