BREAKING
276d 0h ago

Belo Horizonte Passes Landmark Bill to Boost Bitcoin Adoption as Innovation Hub

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a significant legislative move, the city of Belo Horizonte, Brazil’s fourth-largest metropolis, has enacted a pioneering bill designed to establish itself as a critical center for **cryptocurrency** innovation. This landmark legislation incentivizes local enterprises to accept **Bitcoin** payments, enhancing the visibility of these establishments through targeted city marketing efforts. Moreover, the bill emphasizes the necessity of educational programs to facilitate residents’ adaptation to the evolving **digital economy**. With the proposal garnering 20 votes in favor, alongside 8 opposing and 6 abstentions, it awaits the mayor’s signature for implementation. This initiative reflects a broader trend toward embracing **blockchain technology** and positions Belo Horizonte at the forefront of Brazil’s **crypto landscape**, offering tangible benefits for economic growth and technological advancement in the region.

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