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The Brazilian Senate Will Hire Crypto & Blockchain Expert  As Advisor

Stefan by Stefan
26/08/2022
in Regulation
Reading Time: 2 mins read
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The Brazilian Senate Will Hire Crypto & Blockchain Expert  As Advisor
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The Brazilian Senate will hire a crypto & blockchain expert that will serve as an advisor for future policy-making. The Senate is looking for specialists with deep knowledge in both respective fields, that can help create laws for the country’s crypto economy.

The recruiting managers stated in an official Senate post that candidates must have “particular expertise” of both “crypto assets and blockchain.” In addition to “broad knowledge” of the technology, applicants would be required to demonstrate a specialized grasp of smart contracts, blockchain technology, and “algorithms,” as well as knowledge of economic, commercial, and consumer legislation. They will also need to be well-versed in industry rules.

The Senate stated that it would want to recruit two people in this sector, with the successful candidates receiving the title “legislative consultant to the Senate.” The new recruits will give “legislative and budgetary counsel,” as well as “economic and information technology” analyses.

According to Exame, the new recruits will also advise Senate committees and the National Congress (the lower parliamentary chamber) on “blockchain technology, crypto assets, and other problems connected to the economic and legal sectors.”

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The Brazilian Senate Will Hire Crypto & Blockchain Expert  As Advisor

Candidates must be graduates of accredited higher education institutions, while the Senate is open to applications from any degree holders, regardless of major. They will be assessed on their expertise in a countrywide examination held in state capitals, with an application deadline of September 21.

The advisor will also be working with the Boards of the Federal Senate and the National Congress and help them in his capacity as a crypto & blockchain specialist.

The hiring process encompasses three types of tests that the candidate must pass: an objective test that will have a qualifying character and will eliminate some of the candidates; a written discursive test that will have the same characteristics as the previous one; and a title test of a qualifying nature.

The Brazilian Senate will hire a crypto & blockchain expert who will pass all of the aforementioned tests will flying colors.

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Brazil’s Senate has taken the lead on crypto regulation, with some of its senators designing an ambitious plan that intends to regulate crypto exchanges and brokers while also establishing a legal framework for crypto miners to operate inside.

The measure was later adopted. Critics, on the other hand, have alleged that the draft law was rushed and inadequate and that it was deficient in critical areas.

The Senate replied by declaring that there would be “room for improvement” at a later date and that further regulatory measures will be implemented.

Read the latest crypto news.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: brazilbrazilian senateExpertregulationSenatespecialist
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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