The bill, authored by deputy Aureo Ribeiro, establishes a new crime of fraud involving virtual assets, with a penalty of between two and six years plus a fine. It also stipulates the creation of a “virtual service provider” license, which is to be requested by companies, including exchanges and other crypto firms. 

Source : [Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions](https://news.google.com/__i/rss/rd/articles/CBMicmh0dHBzOi8vd3d3LmNvaW5kZXNrLmNvbS9wb2xpY3kvMjAyMi8xMS8zMC9icmF6aWxpYW4tY2hhbWJlci1vZi1kZXB1dGllcy1hcHByb3Zlcy1iaWxsLXJlZ3VsYXRpbmctY3J5cHRvLWluZHVzdHJ5L9IBAA?oc=5) undefined - November 30, 2022