Bitcoin Bitcoin $ 85,935.00 ▼ 5.41% | Ethereum Ethereum $ 2,816.18 ▼ 6.08% | XRP XRP $ 2.03 ▼ 7.53% | BNB BNB $ 826.48 ▼ 5.48% | Solana Solana $ 126.71 ▼ 7.09% | TRON TRON $ 0.28 ▼ 1.16% | Dogecoin Dogecoin $ 0.14 ▼ 7.96% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.00% | Cardano Cardano $ 0.38 ▼ 7.85% | WhiteBIT Coin WhiteBIT Coin $ 55.29 ▼ 5.57% | Bitcoin Cash Bitcoin Cash $ 517.45 ▼ 1.73% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,051.85 ▼ 6.08% | LEO Token LEO Token $ 9.87 ▲ 0.36% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▼ 0.02% | Chainlink Chainlink $ 12.10 ▼ 7.28% | Hyperliquid Hyperliquid $ 30.62 ▼ 10.45% | Monero Monero $ 410.49 ▼ 1.08% | Stellar Stellar $ 0.23 ▼ 8.37% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 85,852.00 ▼ 5.58% | Zcash Zcash $ 365.91 ▼ 20.18% | Litecoin Litecoin $ 77.28 ▼ 7.88% | Hedera Hedera $ 0.13 ▼ 6.94% | Avalanche Avalanche $ 12.94 ▼ 8.57% | Sui Sui $ 1.37 ▼ 9.36% | World Liberty Financial World Liberty Financial $ 0.15 ▼ 3.75% | sUSDS sUSDS $ 1.08 ▲ 0.21% | Ethena Staked USDe Ethena Staked USDe $ 1.21 ▼ 0.00% | PayPal USD PayPal USD $ 1.00 ▲ 0.02% | USDT0 USDT0 $ 1.00 ▼ 0.02% | Cronos Cronos $ 0.10 ▼ 7.09% | Toncoin Toncoin $ 1.47 ▼ 6.08% | Uniswap Uniswap $ 5.50 ▼ 9.61% | Polkadot Polkadot $ 2.02 ▼ 10.80% | Mantle Mantle $ 0.98 ▼ 9.75% |
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Bitcoin Bitcoin $ 85,935.00 ▼ 5.41% | Ethereum Ethereum $ 2,816.18 ▼ 6.08% | XRP XRP $ 2.03 ▼ 7.53% | BNB BNB $ 826.48 ▼ 5.48% | Solana Solana $ 126.71 ▼ 7.09% | TRON TRON $ 0.28 ▼ 1.16% | Dogecoin Dogecoin $ 0.14 ▼ 7.96% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.00% | Cardano Cardano $ 0.38 ▼ 7.85% | WhiteBIT Coin WhiteBIT Coin $ 55.29 ▼ 5.57% | Bitcoin Cash Bitcoin Cash $ 517.45 ▼ 1.73% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,051.85 ▼ 6.08% | LEO Token LEO Token $ 9.87 ▲ 0.36% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▼ 0.02% | Chainlink Chainlink $ 12.10 ▼ 7.28% | Hyperliquid Hyperliquid $ 30.62 ▼ 10.45% | Monero Monero $ 410.49 ▼ 1.08% | Stellar Stellar $ 0.23 ▼ 8.37% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 85,852.00 ▼ 5.58% | Zcash Zcash $ 365.91 ▼ 20.18% | Litecoin Litecoin $ 77.28 ▼ 7.88% | Hedera Hedera $ 0.13 ▼ 6.94% | Avalanche Avalanche $ 12.94 ▼ 8.57% | Sui Sui $ 1.37 ▼ 9.36% | World Liberty Financial World Liberty Financial $ 0.15 ▼ 3.75% | sUSDS sUSDS $ 1.08 ▲ 0.21% | Ethena Staked USDe Ethena Staked USDe $ 1.21 ▼ 0.00% | PayPal USD PayPal USD $ 1.00 ▲ 0.02% | USDT0 USDT0 $ 1.00 ▼ 0.02% | Cronos Cronos $ 0.10 ▼ 7.09% | Toncoin Toncoin $ 1.47 ▼ 6.08% | Uniswap Uniswap $ 5.50 ▼ 9.61% | Polkadot Polkadot $ 2.02 ▼ 10.80% | Mantle Mantle $ 0.98 ▼ 9.75% |
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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