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Brazil Set to Introduce 15% Tax on Crypto Income Held Abroad

Brazil Set to Introduce 15% Tax on Crypto Income Held Abroad

The Brazilian Senate reportedly approved new crypto tax income regulations to see citizens pay up to 15% tax on earnings...

in Crypto Taxes by Jana Serfontein
Brazil Unveils the Name and Logo of Its Upcoming CBDC

Brazil Unveils the Name and Logo of Its Upcoming CBDC

The Central Bank of Brazil reveals the official brand name of the upcoming government-backed “digital real” – DREX.

in Regulation by Olga Krasilnikova
Bank of Brazil Now Allows Citizens to Pay Tax in Crypto

Bank of Brazil Now Allows Citizens to Pay Tax in Crypto

Brazil’s oldest bank, Banco do Brazil, or Bank of Brazil will now allow citizens to pay their tax bills using cryptocurr...

in Brazil by Jana Serfontein
Brazil Allows Investment Funds to Invest in Crypto

Brazil Allows Investment Funds to Invest in Crypto

The Brazilian Securities and Exchange Commission (CVM) on Friday approved investment funds to hold crypto assets.

in Spotlight by Jana Serfontein
Brazil Signs Crypto Regulations into Law

Brazil Signs Crypto Regulations into Law

Brazil’s outgoing president, Jair Bolsonaro, has signed a bill that will legalize the use of cryptocurrencies as a payme...

in Spotlight by Jana Serfontein
Gleec BTC Exchange Announce Acquisition of Blocktane

Gleec BTC Exchange Announce Acquisition of Blocktane

As Brazil prepares to adopt a crypto payments regulatory framework, Gleec BTC Exchange is taking advantage of the change...

in exchange by CryptoDaily
Crypto.com Obtains Payment Institution License in Brazil

Crypto.com Obtains Payment Institution License in Brazil

Cryptocurrency exchange Crypto.com has received a Payment Institution License (EMI) from the Brazilian central bank.

in Crypto.com by Jana Serfontein
Brazil to Launch Its Digital Currency in 2024

Brazil to Launch Its Digital Currency in 2024

The Brazilian central bank is looking to launch its digital currency in 2024 following a closed pilot program next year...

in Brazil by Jana Serfontein
Brazilian Crypto Investment Firm ‘BlueBenx’ Halts Withdrawals

Brazilian Crypto Investment Firm ‘BlueBenx’ Halts Withdrawals

Brazil-based crypto investment firm BlueBenx has halted customer withdrawals due to an “extremely aggressive” hack that...

in Brazil by Jana Serfontein
Brazilian economic minister believes that the nation will have its own CBDC in the future

Brazilian economic minister believes that the nation will have its own CBDC in the future

Paolo Guedes, the economy minister in Brazil has recently said that the country will issue its own central-bank digital...

in Brazil by Adrian Barkley