The Director of Institutional Relations at Binance Latin America, Daniel Mangabeira, called on the market to unite around relevant topics of public discussion, such as regulation, for example.
With stints at Bitso and Uber, Daniel knows what it’s like to work in tech industries that face resistance from competition and governments.
As such, he is now the Coordinator of the Cryptocurrency and Blockchain Committee of camara-e.net. The entity, founded in 2001, aims to create an ecosystem with a greater representation of the digital economy in the country.
For this to happen, it is important to build industry consensus between public and private agents, as well as between national and international agents, to develop a fairer online business environment in Brazil for the participants.
The members of camara-e.net include major companies such as Softbank Group, Amazon, TikTok, Carrefour, Correios, Mercado Livre, Nubank, the Federal Supreme Court (STF) and several others. As well as cryptocurrency exchanges Bitso, Binance and Coinext.
Binance CEO Calls for Market Union in Brazil
The Cryptocurrency and Blockchain Committee of the Brazilian Chamber of Digital Economy was officially launched last Wednesday (20). The first meeting was attended by companies from the digital economy sector, notably cryptocurrency exchanges, payment instruments and marketplaces.
Chairman of the committee is Binance director in Latin America, Daniel Mangabeira, who hopes to create an environment for building proposals with agents in the segment, preaching the union of the market in favor of a more favorable ecosystem for users and society as a whole.
“The Committee, an industry pioneer, will enable the positioning of agents in the segment and the formulation of proposals for the development and expansion of this industry. The discussion includes the regulatory debate, which is of paramount importance, as well as the construction of the digital community, creating conditions that allow the use of crypto assets in the most beneficial and inclusive way for users, investors and society at large. to make.
The cryptocurrency market in Brazil has grown tremendously in recent years with the population geared to the subject. For example, any disputes between companies could hinder recognition of the technology by those who now arrive in the industry, and urgent action must be taken to correct the problem.
“There is an Institutional Vacuum in the Cryptocurrency Market in Brazil”
Sent in a note to live coinsLeonardo Palhares, president of camara-e.net, stated that there is an institutional vacuum in the cryptocurrency market in Brazil. At the same time, this environment is growing rapidly, which means that it is important for the committee to discuss matters quickly.
“Today there is an institutional vacuum in Brazil, where the crypto asset market is developing with great strides, without any institutions that can conduct the debate on public policies, regulations and good practices, functions performed by camara-e.net for more than 20 years since it was established to boost the development of the digital economy as a whole in the country.”
The novelty presented last Wednesday hopes to be part of the Brazilian political debate on cryptocurrencies, which awaits regulations to be approved by the National Congress soon.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
