Brazilian Government Opens Contract to Monitor Cryptocurrency Transactions

Brazilian Government Opens Contract to Monitor Cryptocurrency Transactions

Brazilian authorities are seeking a software solution that allows them to track the locations and movements of various cryptocurrency projects nationwide. The objective of this proposal is to enhance the state’s capabilities in combating cryptocurrency-related crime. Brazilian Authorities Open Contract for Cryptocurrency Tracking Solution Tracking and enhancing control of crypto funds has become a necessity... The post Brazilian Government Opens…

Brazil’s Congress up in Arms Against ‘Flawed’ Cryptocurrency Tax Decree - Invest In Crypto News

The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax matters, thereby bypassing the institution’s mandate. Flat Cryptocurrency Tax Decree Contested in Brazilian Congress Cryptocurrency taxation is becoming a hot topic in Brazil, […] Source link The post Brazil’s Congress up in Arms Against ‘Flawed’…

Brazil’s Crypto Boom Threatened by Surprise Tax Proposal

Brazil’s crypto industry is in turmoil: An unexpected tax plan has heated up tempers and caused concern in the crypto community. What exactly is behind this proposal, and what impact could it have on the country’s thriving digital economy? Background: Brazil’s crypto market growth In recent years, Brazil has experienced an impressive increase in the use and acceptance of cryptocurrencies. The favorable regulatory environment and increasing willi…