Bitcoin Bitcoin $ 69,268.00 ▲ 5.65% | Ethereum Ethereum $ 2,038.93 ▲ 6.04% | BNB BNB $ 634.14 ▲ 3.02% | XRP XRP $ 1.39 ▲ 3.02% | Solana Solana $ 87.45 ▲ 6.29% | TRON TRON $ 0.28 ▲ 0.97% | Dogecoin Dogecoin $ 0.09 ▲ 3.14% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.33% | WhiteBIT Coin WhiteBIT Coin $ 50.39 ▲ 4.63% | Cardano Cardano $ 0.28 ▲ 2.71% | Bitcoin Cash Bitcoin Cash $ 442.04 ▲ 1.34% | LEO Token LEO Token $ 9.04 ▼ 0.21% | Hyperliquid Hyperliquid $ 32.59 ▲ 3.35% | Chainlink Chainlink $ 9.00 ▲ 4.89% | Monero Monero $ 344.24 ▲ 1.56% | Canton Canton $ 0.16 ▼ 1.13% | Stellar Stellar $ 0.16 ▲ 3.09% | USD1 USD1 $ 1.00 ▲ 0.04% | Rain Rain $ 0.01 ▲ 0.95% | Hedera Hedera $ 0.10 ▲ 3.01% | Litecoin Litecoin $ 54.76 ▲ 3.63% | PayPal USD PayPal USD $ 1.00 ▲ 0.02% | Avalanche Avalanche $ 9.20 ▲ 3.65% | Zcash Zcash $ 219.60 ▲ 2.76% | Sui Sui $ 0.93 ▲ 5.84% | Cronos Cronos $ 0.08 ▲ 2.08% | Toncoin Toncoin $ 1.22 ▲ 2.46% | Tether Gold Tether Gold $ 5,305.20 ▼ 0.64% | World Liberty Financial World Liberty Financial $ 0.11 ▲ 0.97% | MemeCore MemeCore $ 1.52 ▲ 2.39% | PAX Gold PAX Gold $ 5,352.45 ▼ 1.37% | Polkadot Polkadot $ 1.52 ▲ 0.54% | Uniswap Uniswap $ 3.92 ▲ 5.78% | Mantle Mantle $ 0.65 ▲ 1.46% | BlackRock USD Institutional Digital Liquidity Fund BlackRock USD Institutional Digital Liquidity Fund $ 1.00 ▲ 0.00% | Circle USYC Circle USYC $ 1.12 ▲ 0.01% | Aave Aave $ 121.62 ▲ 8.81% | Global Dollar Global Dollar $ 1.00 ▼ 0.01% | Bittensor Bittensor $ 185.98 ▲ 6.36% |
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Bitcoin Bitcoin $ 69,268.00 ▲ 5.65% | Ethereum Ethereum $ 2,038.93 ▲ 6.04% | BNB BNB $ 634.14 ▲ 3.02% | XRP XRP $ 1.39 ▲ 3.02% | Solana Solana $ 87.45 ▲ 6.29% | TRON TRON $ 0.28 ▲ 0.97% | Dogecoin Dogecoin $ 0.09 ▲ 3.14% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.33% | WhiteBIT Coin WhiteBIT Coin $ 50.39 ▲ 4.63% | Cardano Cardano $ 0.28 ▲ 2.71% | Bitcoin Cash Bitcoin Cash $ 442.04 ▲ 1.34% | LEO Token LEO Token $ 9.04 ▼ 0.21% | Hyperliquid Hyperliquid $ 32.59 ▲ 3.35% | Chainlink Chainlink $ 9.00 ▲ 4.89% | Monero Monero $ 344.24 ▲ 1.56% | Canton Canton $ 0.16 ▼ 1.13% | Stellar Stellar $ 0.16 ▲ 3.09% | USD1 USD1 $ 1.00 ▲ 0.04% | Rain Rain $ 0.01 ▲ 0.95% | Hedera Hedera $ 0.10 ▲ 3.01% | Litecoin Litecoin $ 54.76 ▲ 3.63% | PayPal USD PayPal USD $ 1.00 ▲ 0.02% | Avalanche Avalanche $ 9.20 ▲ 3.65% | Zcash Zcash $ 219.60 ▲ 2.76% | Sui Sui $ 0.93 ▲ 5.84% | Cronos Cronos $ 0.08 ▲ 2.08% | Toncoin Toncoin $ 1.22 ▲ 2.46% | Tether Gold Tether Gold $ 5,305.20 ▼ 0.64% | World Liberty Financial World Liberty Financial $ 0.11 ▲ 0.97% | MemeCore MemeCore $ 1.52 ▲ 2.39% | PAX Gold PAX Gold $ 5,352.45 ▼ 1.37% | Polkadot Polkadot $ 1.52 ▲ 0.54% | Uniswap Uniswap $ 3.92 ▲ 5.78% | Mantle Mantle $ 0.65 ▲ 1.46% | BlackRock USD Institutional Digital Liquidity Fund BlackRock USD Institutional Digital Liquidity Fund $ 1.00 ▲ 0.00% | Circle USYC Circle USYC $ 1.12 ▲ 0.01% | Aave Aave $ 121.62 ▲ 8.81% | Global Dollar Global Dollar $ 1.00 ▼ 0.01% | Bittensor Bittensor $ 185.98 ▲ 6.36% |
HomeTagsBrazil Congress crypto

Brazil Congress crypto

Bitcoin

Brazil Crypto Tax Measure Defeated: $3B Revenue Loss

In a significant turn of events, the Brazil Crypto Tax Measure aimed at imposing a flat income tax on cryptocurrency transactions has been withdrawn from Congress, marking a notable win for the local crypto stakeholders.This measure, which intended to eliminate tax exemptions for small holders earning below 35,000 reais, faced intense scrutiny and pushed President Lula to label its defeat as "an imposed defeat on the Brazilian people." However, amid the political turbulence, many within the Brazilian cryptocurrency news sphere celebrated the outcome, including the Brazilian Association of Tokenization and Blockchain Companies.
Olivia Carter -

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