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Brazilian federal deputy proposes crypto payment option for workers
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Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers.
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be made only after selling a mutual agreement between the workers and the employer. According to the translated version of the bill:
The bill highlights the evolution of finance — from a barter system to fiat currencies to Bitcoin (BTC) — focusing on the decentralization aspect, which removes the reliance on “a single person or a central entity.”
If signed into law, Goulart’s bill will establish a
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