The bill sets requirements for companies that provide services with virtual assets (such as cryptocurrencies) to operate.
The bill sets requirements for companies that provide services with virtual assets (such as cryptocurrencies) to operate. It requires that money between users and these companies pass through individualized deposit or payment accounts, and deals with the separation between the companies' assets and the users' assets.
This summary was written by artificial intelligence and may contain errors: an automatic check found parts of the summary without support in the original text.
Key points and official text
Key points
- Sets requirements to authorize the operation of virtual asset service providers
- Requires transfers through individualized deposit or payment accounts
- Deals with the separation of assets between providers and users
- Prohibits offering derivatives without authorization from the Securities and Exchange Commission (CVM)
Official text (PL 4932/2023)
The official text is in Portuguese, as it was voted.
Estabelece requisitos para a autorização do funcionamento de prestadores de serviços de ativos virtuais, obriga a transferência de recursos entre usuários e prestadores de serviços de ativos virtuais por meio de contas de depósito ou de pagamento individualizadas, dispõe sobre a segregação patrimonial entre prestadores de serviços de ativos virtuais e seus usuários, e proíbe a oferta ou a negociação de derivativos por prestadores de serviços de ativos virtuais sem a autorização da Comissão de Valores Mobiliários.
How each deputy voted
Symbolic vote: the result was announced without recording each deputy's vote.
Subject: Taxes and Economy. Subject and summary are written by artificial intelligence and can contain errors; the official text of each bill is always available on the Chamber's website. How artificial intelligence is used