The Brazilian Chamber of Deputies postponed voting on a crypto bill until after the presidential elections in October, sources close to the matter told CoinDesk.
Deputies were going to consider the crypto bill before the congressional recess, starting next week, but the treatment of a budget guidelines law and a proposed constitutional reform for the medical sector have dominated the legislative agenda.
In April, the Senate approved the bill, which regulates crypto transactions and creates the label "virtual service providers" for crypto companies.
The Chamber of Deputies, for its part, has not reached a consensus on a final text as Congressman Expedito Netto (PSD-RO), in charge of presenting the bill in the lower house, removed two articles from the Senate’s original bill. The first removed article required exchanges to keep their assets separate from those of customers, while the second demanded exchanges to already have an EIN in Brazil in order to apply for a license.
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