There will be negotiations regarding alliances for the upcoming presidential election, the Senate should vote on the bill to regulate the cryptocurrency market today, and public servants’ strikes continue to cause issues for the government

BRAZIL POLITICS - Report 19 Apr 2022 by Murillo de Aragão and Cristiano Noronha

The presidents of the PSDB, União Brasil, Cidadania and MDB will meet on April 25 to discuss a possible alliance. Paulinho da Força, president of the Solidariedade, initiated conversations with Eduardo Leite and Aécio Neves. Ciro Gomes said that he intends to resume conversations with the PSD and União Brasil for a possible alliance. PL 3.825/2019 creates rules for the national cryptocurrency market, both for the provision of services related to virtual assets and for the operation of brokerages. The National Association of Analysts of the Central Bank of Brazil (ANBCB) has stated that preparations for the upcoming Copom meeting have already been affected without the updated data from the Central Bank. The Central Bank’s public servants have been on strike since April 1 and are expected to continue on strike indefinitely.

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