The Belo Horizonte City Council in Brazil has preliminarily passed a bill aiming to make the city the "Bitcoin Capital," allowing the use of BTC to pay municipal taxes and promoting merchants to accept cryptocurrencies. The bill was proposed by a Liberal Party councilor and received 20 votes in favor, 8 against, and 6 abstentions. The bill still requires a second round of voting and approval from the mayor. (Cointelegraph)

<div> The Belo Horizonte City Council in Brazil has preliminarily approved a bill to transform the city into the "Bitcoin Capital," allowing the use of BTC for municipal tax payments and promoting merchants to accept cryptocurrencies. The bill was proposed by a Liberal Party councilor and received 20 votes in favor, 8 against, and 6 abstentions. The bill still requires a second round of voting and submission for the mayor's approval. (Cointelegraph) <br><br></div>

The Belo Horizonte City Council in Brazil voted to pass a Bitcoin-related bill.