Brazil’s Senate seeks to hire crypto and blockchain experts to advise on policy

The Brazilian Senate is looking to recruit experts with advanced knowledge of crypto-assets and blockchain technology – likely in an effort to help it better shape legislation for the country’s fledgling crypto industry.

In an official post from the Senate, the hiring managers wrote that candidates must have “specific knowledge” of both “cryptoassets and blockchain”. The notice explained that in addition to “general knowledge” of the technology, candidates must prove that they have a specific understanding of smart contracts, blockchain technology and “algorithms”, as well as knowledge of financial, business and consumer law. They will also need to be well informed about relevant regulations in the sector.

The Senate indicated that it would seek to hire two in this field, and that the successful candidates would be offered the title of “Legislative Consultant to the Senate.” Staff will provide “legislative and budgetary advice” as well as “financial” and “IT” “analysis.”

The media outlet Exame reported that the staff will also act as advisers to both Senate committees and the National Congress (the lower parliamentary house) on the subjects of “blockchain technology, crypto-assets and other topics related to financial and legal sectors.”

Candidates must be graduates of recognized institutions of higher education, although the Senate is willing to accept applications from all degree holders, regardless of which candidates major. They will be tested on their knowledge in an exam that will be held nationwide in the state capitals and the deadline. for applications is 21 September.

Brazil’s Senate has taken the initiative on crypto regulation, and some of its members were the architects behind an ambitious bill that seeks to regulate crypto exchanges and brokers – as well as provide a legal framework for crypto miners to work within.

The bill has since been approved. However, critics have argued that the draft law was rushed and incomplete – claiming that it was lacking in key areas.

The Senate responded by saying there would be “room for improvement” at a later date, and suggested further regulatory action would be forthcoming.

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