Belo Horizonte City Council Approves Bill Incentivizing Bitcoin Adoption

The Belo Horizonte City Council in Brazil has taken a significant step forward in integrating Bitcoin into its operations, passing a bill that aims to encourage businesses to accept the cryptocurrency. The legislation garnered 20 votes in favor, with 8 against and 6 abstentions. This will involve promoting Bitcoin-accepting businesses through advertising campaigns across the city. Moreover, the bill proposes educational programs to help residents adapt to digital transformation in line with this adoption initiative.