Belo Horizonte will become “Bitcoin Capital” with new bill

After lawmakers passed a new bill that would turn it into an innovation hub for crypto and Bitcoin companies, Belo Horizonte became the capital of Bitcoin. The bill, passed Wednesday amid a heated debate among lawmakers, offers to establish incentives for businesses to accept Bitcoin as payments and feature them in the city’s advertising campaign. It also promotes educational events to prepare citizens for this digital change. The project was approved with 20 votes, 8, 6 and 6 votes against it. The bill will be sent to the mayor’s office for official sanctions.