Lula signaled his support to the Central Bank of Brazil, that according to him, would have to be responsible for building cryptocurrency regulations due to its autonomous character.
Brazilian Presidential Candidate 'Lula' Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation
The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework.
the issuance of a common currency for Latam, called SUR . However, he did not offer more details on the subject. Brazil is currently in the pilot phases of its own central bank digital currency, the digital real.Independently from the statements of the candidate, there is already a cryptocurrency bill project in the hands of the deputy chamber of the Brazilian Congress. However, it has not been discussed due to the focus that deputies have put on general elections.
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