Wed 02 Nov 2022 ▪ 13:00 ▪
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After an intense presidential election, it is finally crypto pro Lula Da Silva who will be president of Brazil next January. This election is far from trivial, because since her campaign, the new Brazilian head of state was already campaigning for a common currency within Latin America. The Labor Party member has never denied the need for a single currency in South America. He believes that this strategy presents unsuspected development opportunities for each country.
Lula Da Silva dreams of a country that turns to cryptocurrencies to revive its economy
The race for leadership Brazil He was very close between the former president in office Jair Bolsonaro and his opponent Luiz Inacio Da Silva (Lula), pro-crypto. It was finally in the second round that the two protagonists separated. According to Brazilian law, the new president he is expected to take office in January. Lula’s election has a special flavor for the cryptocurrency world. In fact, the one who has already led the country between 2003 and 2010 is a fan of cryptocurrencies and keeps saying it.
On the sidelines of the election campaign, he said cryptocurrencies “deserves the attention of the authorities”. He went further by inviting the Central Bank of Brazil to establish a framework to facilitate the issuance of cryptocurrencies in the country. In addition, it also complies with international legislation relating to the fight against money laundering and anything that would be illegal. In addition to his political attitude, he is very close to the world of finance. He has excellent relationships with Henrique Mereilles, former president of the central bank. The latter is best known for the advisory role he recently played within the cryptocurrency exchange platform Binance. Furthermore, rumors predict him a possible position in the government of the future president.
To show his commitment to the cryptocurrency world, Lula is said to have registered his plan for government on the blockchain. He was also complimenting the blockchain that she considers to be: “an innovative and incorruptible technology of records distributed by computers around the world that is also the basis of Bitcoin”.
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PhD student in financial law and expert SEO web editor, Cédrick Aimé is passionate about cryptocurrencies, trading, etc. Thanks to his articles he naturally participates in the daily blockchain revolution for a better democratization of DeFi.