Brazil's Belo Horizonte City Council Votes to Pass Bitcoin-Related Bill

The city council of Belo Horizonte, Brazil, voted 20 to 8 with 6 abstentions to approve a bitcoin-related bill. The bill will provide incentives for businesses that accept bitcoin payments, including promotion in city advertising campaigns and an educational campaign to help citizens adapt to digital transformation. The bill is now before the mayor's office for final approval.