Bitcoin Bitcoin $ 95,498.00 ▼ 0.70% | Ethereum Ethereum $ 3,304.20 ▼ 0.18% | BNB BNB $ 931.39 ▼ 0.05% | XRP XRP $ 2.07 ▼ 1.13% | Solana Solana $ 142.25 ▼ 1.50% | TRON TRON $ 0.31 ▲ 2.18% | Dogecoin Dogecoin $ 0.14 ▼ 2.63% | Figure Heloc Figure Heloc $ 1.03 ▼ 0.72% | Cardano Cardano $ 0.39 ▼ 2.90% | Monero Monero $ 687.65 ▼ 1.16% | WhiteBIT Coin WhiteBIT Coin $ 57.33 ▼ 0.24% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,592.79 ▼ 0.28% | Bitcoin Cash Bitcoin Cash $ 595.10 ▼ 0.65% | Chainlink Chainlink $ 13.76 ▼ 1.07% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▲ 0.01% | LEO Token LEO Token $ 8.89 ▼ 0.68% | Stellar Stellar $ 0.23 ▼ 1.48% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 95,517.00 ▼ 0.62% | Sui Sui $ 1.80 ▼ 0.33% | Zcash Zcash $ 409.74 ▼ 4.03% | Avalanche Avalanche $ 13.82 ▼ 3.35% | Hyperliquid Hyperliquid $ 24.69 ▼ 1.53% | Litecoin Litecoin $ 72.35 ▼ 4.22% | Hedera Hedera $ 0.12 ▼ 2.43% | Canton Canton $ 0.13 ▲ 1.29% | World Liberty Financial World Liberty Financial $ 0.17 ▼ 1.14% | USDT0 USDT0 $ 1.00 ▲ 0.00% | sUSDS sUSDS $ 1.08 ▼ 0.04% | Toncoin Toncoin $ 1.72 ▼ 2.45% | Cronos Cronos $ 0.10 ▼ 1.69% | Ethena Staked USDe Ethena Staked USDe $ 1.21 ▲ 0.07% | PayPal USD PayPal USD $ 1.00 ▲ 0.10% | Polkadot Polkadot $ 2.12 ▼ 3.35% | USD1 USD1 $ 1.00 ▲ 0.04% |
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Bitcoin Bitcoin $ 95,498.00 ▼ 0.70% | Ethereum Ethereum $ 3,304.20 ▼ 0.18% | BNB BNB $ 931.39 ▼ 0.05% | XRP XRP $ 2.07 ▼ 1.13% | Solana Solana $ 142.25 ▼ 1.50% | TRON TRON $ 0.31 ▲ 2.18% | Dogecoin Dogecoin $ 0.14 ▼ 2.63% | Figure Heloc Figure Heloc $ 1.03 ▼ 0.72% | Cardano Cardano $ 0.39 ▼ 2.90% | Monero Monero $ 687.65 ▼ 1.16% | WhiteBIT Coin WhiteBIT Coin $ 57.33 ▼ 0.24% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,592.79 ▼ 0.28% | Bitcoin Cash Bitcoin Cash $ 595.10 ▼ 0.65% | Chainlink Chainlink $ 13.76 ▼ 1.07% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▲ 0.01% | LEO Token LEO Token $ 8.89 ▼ 0.68% | Stellar Stellar $ 0.23 ▼ 1.48% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 95,517.00 ▼ 0.62% | Sui Sui $ 1.80 ▼ 0.33% | Zcash Zcash $ 409.74 ▼ 4.03% | Avalanche Avalanche $ 13.82 ▼ 3.35% | Hyperliquid Hyperliquid $ 24.69 ▼ 1.53% | Litecoin Litecoin $ 72.35 ▼ 4.22% | Hedera Hedera $ 0.12 ▼ 2.43% | Canton Canton $ 0.13 ▲ 1.29% | World Liberty Financial World Liberty Financial $ 0.17 ▼ 1.14% | USDT0 USDT0 $ 1.00 ▲ 0.00% | sUSDS sUSDS $ 1.08 ▼ 0.04% | Toncoin Toncoin $ 1.72 ▼ 2.45% | Cronos Cronos $ 0.10 ▼ 1.69% | Ethena Staked USDe Ethena Staked USDe $ 1.21 ▲ 0.07% | PayPal USD PayPal USD $ 1.00 ▲ 0.10% | Polkadot Polkadot $ 2.12 ▼ 3.35% | USD1 USD1 $ 1.00 ▲ 0.04% |
HomeTagsCrypto industry Brazil

crypto industry Brazil

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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