Tag: Brazil

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Brazil’s central bank introduced a multi-phase plan on Monday to regulate crypto and virtual asset service providers, with plans to finalize these regulatory proposals by the end of this year. These new regulations will set rules to ensure greater transparency regarding the potential benefits and risks of these investments, according to the bank. They chose […]

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Brazil is on the brink of unveiling a new proposal for cryptocurrency taxation in a forthcoming bill to be presented to the National Congress in the coming days. This bill suggests taxing cryptocurrencies in a manner akin to shares and capital instruments with fluctuating exchange rates, rather than classifying them as goods. Brazil Prepares to […]