Brazil Implements 17.5% Tax on Crypto Gains, Ending Exemptions
Brazil's new tax policy removes previous exemptions for small crypto investors, imposing a flat 17.5% capital gains tax on all digital asset transactions.
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Brazil's new tax policy removes previous exemptions for small crypto investors, imposing a flat 17.5% capital gains tax on all digital asset transactions.
Brazil has introduced a flat 17.5% tax on all cryptocurrency profits, replacing a prior exemption for small transactions, aimed at increasing tax revenue.
Meliuz aims to enhance its cryptocurrency strategy by incorporating Bitcoin into its treasury reserves through an equity offering.
A new collaboration enables swift foreign exchange transactions using stablecoins, drastically reducing settlement times.
RedotPay has teamed up with Circle to facilitate direct cryptocurrency transfers to Brazilian bank accounts for its users, aiming to simplify cross-border transactions.
Three individuals behind the Braiscompany Ponzi scheme have been sentenced collectively to 171 years in prison for defrauding investors.
Itaú Unibanco, Brazil's largest bank, is contemplating the issuance of its own stablecoin based on regulatory changes and the success of similar initiatives in the U.S.
Brazil's financial authority has barred specific pension funds from investing in cryptocurrencies, citing associated risks.
The state-owned postal entity is actively seeking advanced technological solutions to optimize its operations and logistics.
Méliuz has set a strategy to allocate a significant portion of its cash reserves into Bitcoin as part of its long-term financial plan.
Brazil's securities regulator has approved the world's first XRP exchange-traded fund, currently in a pre-operational phase.
The Brazilian Stock Exchange, B3, is expanding its cryptocurrency offerings with new bitcoin options and futures for ether and solana.
Brazil has officially imposed a ban on Worldcoin, a cryptocurrency initiative linked to biometric data collection, amid rising privacy concerns.
Ripple partners with the Brazilian exchange Mercado Bitcoin to enhance international payment processing for businesses and customers using Brazilian Reais.
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