Belo Horizonte has been officially declared the “Bitcoin Capital” of Brazil, with a law promoting innovation, financial education, and crypto events to attract investment.
The mayor of Belo Horizonte, Álvaro Damião, has given the green light to the Municipal Law No. 11.905 which officially declares the city as the Bitcoin Capital a Brasil.
This law, promoted by Councilman Vile Santos and supported by the City Council, seeks to turn the city into a hub of innovation, financial education and technological development related to cryptocurrencies.
The bill was reportedly introduced in March and passed in August of this year. It also enjoyed broad political and social support, reflecting the growing interest of the city and its residents in cryptocurrencies and the digital economy.
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Belo Horizonte's new legislation establishes an institutional framework to foster the growth of innovation and turn the city into a living laboratory around Bitcoin and the technologies that accompany it.
With this institutional framework, the municipal government opens the door to a new era in which education, research, and entrepreneurship come together under a single vision: promoting the development of the digital economy from the local level. Its goals include organizing specialized events, training entrepreneurs and students, and creating spaces dedicated to the analysis and research of digital assets. It also includes incorporating annual celebrations dedicated to the world of digital assets into the city's official calendar, a move that could attract both industry professionals and new investors interested in exploring this space.
Although this legislation does not modify federal powers over the Brazilian financial system, its impact is primarily strategic. By promoting financial education and promoting courses and workshops on digital currencies, Belo Horizonte is emerging as a a national benchmark for technological innovation In the field of cryptocurrencies, the local government seems determined to lead with actions, promoting an environment conducive to knowledge and productive development around Bitcoin.
Belo Horizonte's new crypto era: from urban center to tech hub
Law 11.905, which said Belo Horizonte as the Bitcoin Capital, came into effect last Thursday, October 2. Born from Bill 124/2025, published In March, the new legislation aims to position the city as a technological benchmark in the field of cryptoassets and promote events related to these innovations.
Vile Santos, author of the new law, highlighted which consolidates the municipality as a key point for investors and experts, while promoting digital entrepreneurship and technological innovation, preparing the city for future economic challenges.
In addition to its symbolic value, the law seeks to transform Belo Horizonte into a dynamic hub for digital entrepreneurs, blockchain-based solution developers, and educators specializing in technological finance. This legislation encourages the creation of concrete research, development, and training projects in emerging technologies, which will contribute to increasing regional competitiveness and building an ecosystem that facilitates the adoption and use of digital assets.
While some sectors questioned the direct connection between the city and Bitcoin during the legislative process, pointing to the lack of specific measures in the text, the accelerated approval in less than five months reflects the growing confidence in Bitcoin as a financial innovation and as a driver of social and economic progress. Currently, the focus is on implementing educational programs and strengthening community engagement with this expanding model.
Hold Bitcoin on Bit2Me and build your financial futureFinancial education as a driver of change
One of the fundamental pillars of this initiative is financial education. The law establishes the creation of training spaces aimed at young people, entrepreneurs and citizens interested in understanding how cryptocurrencies and blockchain technology work.
In this line, the municipality may promote courses, seminars and projects to promote knowledge about Bitcoin and other cryptoassets. The strategy aims to prepare the population for upcoming economic transformations, fostering critical thinking and the ability to adapt to new financial tools. It also seeks to contribute to closing the digital divide and democratizing access to information related to decentralized finance.
On the other hand, the regulations facilitates collaboration with universities, research centers and companies in the technology sectorThese partnerships could foster the creation of innovation labs, startup incubators, and mentoring programs for emerging entrepreneurs. Thus, Belo Horizonte is positioning itself as an urban laboratory for experimenting with alternative economic models based on decentralization and transparency.
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Belo Horizonte puts itself on the crypto map
The approval of the Law that makes Belo Horizonte the “Bitcoin Capital” This marks a strategic step toward innovation and economic development. With a focus on financial education, investment attraction, and the promotion of specialized events, the city is moving forward to position itself as a national benchmark within the crypto ecosystem. Although the consolidation of this model is still ongoing, the first steps have been taken with decisiveness and political support.
On the other hand, this initiative reflects the growing trend in Latin America toward implementing public policies that value the transformative potential of cryptocurrencies. In this sense, Belo Horizonte emerges as a tangible example of how cities can lead change by uniting efforts between the public sector, the educational community, and the technology industry.
The city, in addition to strengthening its entrepreneurial network and attracting investment, will serve as an example for other municipalities and jurisdictions seeking to promote innovation and local development. In other words, the mining capital is not only transforming its present, but is also paving the way for others to follow the same path toward a more competitive and sustainable future.
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