# The bill sets requirements for companies that provide services with virtual assets (such as cryptocurrencies) to operate.

- Bill: PL 4932/2023
- Subject: [Taxes and Economy](https://votodeverdade.com.br/en/assunto/impostos-e-economia/)
- Latest vote: November 12, 2024
- Page: https://votodeverdade.com.br/en/projeto/2395230/
- Official text: https://www.camara.leg.br/proposicoesWeb/prop_mostrarintegra?codteor=2343259 (The official text is in Portuguese, as it was voted.)

## Summary

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.

> Warning: 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

- 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)

## Votes

- November 12, 2024: approved, vote type: symbolic (no vote recorded for each deputy). Approved the Substitute Text to Bill No. 4.932 of 2023, adopted by the rapporteur of the Committee on Finance and Taxation.

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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: https://votodeverdade.com.br/en/inteligencia-artificial/. No grades, no rankings.
