Home Finance Brazilian MP Proposes Bill to Legalise Crypto Payments to Public and Private Sector Employees

Brazilian MP Proposes Bill to Legalise Crypto Payments to Public and Private Sector Employees

by Nwani Chisom
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Oyogist has learned that Deputy MP of Brazil Luizão Goulart has presented a draft bill to make Bitcoin a legal form of payment for workers.

Bitcoin’s mainstream adoption has been on the rise, and present reports suggest that Brazil’s new draft bill will allow workers to accept Bitcoin as their salary.

MP Luizão Goulart, a Brazilian congressman, has proposed a bill to legalise cryptocurrency as a form of payment for workers in the public and private sectors.

If the bill does get cleared, Brazil could become only the second country to approve Bitcoin as legal tender, after El Salvador.

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