Experts point out a number of challenges that the country still faces in this sector, starting with fighting crimes committed with digital assets, such as bitcoin and Ethereum, after the entry into force of a specific crypto law -currencies in Brazil

The law on cryptoassets (number 14.478/22) came into force last June 20, but its practical effects have been almost non-existent. Indeed, most of the rules of this market will always be established by the Central Bank, which will not be easy according to lawyer Pierpaolo Cruz Bottini. The Central Bank is defined as the body in charge of regulating digital assets. For the lawyer, “the difficulty, also mentioned in the European Union style="font-family: "Bookman Old Style”, "serif"">and in the United States, is not to plaster this market, which is dynamic and innovative, but, at the same time, to regulate the contact of the virtual world of cryptoassets with the real world, to avoid money laundering and all the frauds that may occur