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19 de October de 2021

The Brazilian Bitcoin Gaffe – Why Bitcoin Is Not Going to Be Legal Tender in Brazil Any Time Soon

It has been widely reported that Brazil was following El Salvador by making Bitcoin a legal tender. However, VIXIO sources say this is far from the truth.

Our Corporate/M&A partner Martim Machado was interviewed about this topic by VIXIO, a British provider of regulatory intelligence to the payments industry. Some of his remarks were quoted by VIXIO in its article “The Brazilian bitcoin gaffe – why bitcoin is not going to be legal tender in Brazil any time soon.”

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