Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in cryptocurrencies, including bitcoin. The bill aims to meet the demand from investment funds interested in crypto while ensuring a regulated and safe environment. It would permit funds registered in Brazil to acquire crypto from licensed firms operating within the country. If approved, the bill could contribute to mainstream institutional crypto adoption in Brazil and strengthen the country's position in the Latin American crypto market.



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