Bitcoin Bitcoin $ 113,050.00 ▼ 6.95% | Ethereum Ethereum $ 3,900.00 ▼ 10.49% | BNB BNB $ 1,104.44 ▼ 11.95% | XRP XRP $ 2.35 ▼ 15.99% | Solana Solana $ 193.76 ▼ 11.98% | TRON TRON $ 0.32 ▼ 4.40% | Dogecoin Dogecoin $ 0.19 ▼ 24.47% | Cardano Cardano $ 0.62 ▼ 24.00% | Figure Heloc Figure Heloc $ 1.04 ▲ 3.82% | Wrapped Beacon ETH Wrapped Beacon ETH $ 4,002.44 ▼ 14.75% | Chainlink Chainlink $ 17.00 ▼ 22.02% | Bitcoin Cash Bitcoin Cash $ 538.30 ▼ 6.60% | Hyperliquid Hyperliquid $ 39.44 ▼ 10.34% | Avalanche Avalanche $ 22.55 ▼ 19.74% | Stellar Stellar $ 0.30 ▼ 21.63% | Sui Sui $ 2.57 ▼ 24.35% | LEO Token LEO Token $ 9.54 ▼ 0.91% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▲ 0.04% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 113,158.00 ▼ 6.88% | Litecoin Litecoin $ 98.46 ▼ 17.50% | USDT0 USDT0 $ 1.01 ▲ 0.64% | Hedera Hedera $ 0.17 ▼ 21.61% | WhiteBIT Coin WhiteBIT Coin $ 41.98 ▼ 3.34% | Ethena Staked USDe Ethena Staked USDe $ 1.20 ▲ 0.16% | Mantle Mantle $ 1.76 ▼ 26.36% | Monero Monero $ 279.97 ▼ 16.57% | Toncoin Toncoin $ 2.00 ▼ 26.58% | Polkadot Polkadot $ 3.05 ▼ 24.56% | Cronos Cronos $ 0.14 ▼ 29.41% | OKB OKB $ 168.77 ▼ 18.90% | World Liberty Financial World Liberty Financial $ 0.13 ▼ 25.80% | Uniswap Uniswap $ 5.66 ▼ 27.55% | MemeCore MemeCore $ 2.00 ▼ 4.27% | Aave Aave $ 216.68 ▼ 20.48% |
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Bitcoin Bitcoin $ 113,050.00 ▼ 6.95% | Ethereum Ethereum $ 3,900.00 ▼ 10.49% | BNB BNB $ 1,104.44 ▼ 11.95% | XRP XRP $ 2.35 ▼ 15.99% | Solana Solana $ 193.76 ▼ 11.98% | TRON TRON $ 0.32 ▼ 4.40% | Dogecoin Dogecoin $ 0.19 ▼ 24.47% | Cardano Cardano $ 0.62 ▼ 24.00% | Figure Heloc Figure Heloc $ 1.04 ▲ 3.82% | Wrapped Beacon ETH Wrapped Beacon ETH $ 4,002.44 ▼ 14.75% | Chainlink Chainlink $ 17.00 ▼ 22.02% | Bitcoin Cash Bitcoin Cash $ 538.30 ▼ 6.60% | Hyperliquid Hyperliquid $ 39.44 ▼ 10.34% | Avalanche Avalanche $ 22.55 ▼ 19.74% | Stellar Stellar $ 0.30 ▼ 21.63% | Sui Sui $ 2.57 ▼ 24.35% | LEO Token LEO Token $ 9.54 ▼ 0.91% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▲ 0.04% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 113,158.00 ▼ 6.88% | Litecoin Litecoin $ 98.46 ▼ 17.50% | USDT0 USDT0 $ 1.01 ▲ 0.64% | Hedera Hedera $ 0.17 ▼ 21.61% | WhiteBIT Coin WhiteBIT Coin $ 41.98 ▼ 3.34% | Ethena Staked USDe Ethena Staked USDe $ 1.20 ▲ 0.16% | Mantle Mantle $ 1.76 ▼ 26.36% | Monero Monero $ 279.97 ▼ 16.57% | Toncoin Toncoin $ 2.00 ▼ 26.58% | Polkadot Polkadot $ 3.05 ▼ 24.56% | Cronos Cronos $ 0.14 ▼ 29.41% | OKB OKB $ 168.77 ▼ 18.90% | World Liberty Financial World Liberty Financial $ 0.13 ▼ 25.80% | Uniswap Uniswap $ 5.66 ▼ 27.55% | MemeCore MemeCore $ 2.00 ▼ 4.27% | Aave Aave $ 216.68 ▼ 20.48% |
HomeTagsBrazil Crypto Tax Measure

Brazil Crypto Tax Measure

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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