Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets
Mercado Bitcoin said about $38 million in assets was involved in the security incident that led the Brazilian exchange to halt dep...
After Binance’s $6.3 Billion Hack, Austin Campbell Calls for a 24-Hour Clock on Billion-Dollar Crypto Moves
Crypto hacks reach into the billions partly because the industry designed its systems around technology risk and never adopted the...
Crypto and Midterm Election: 3 Risks From Trump’s $5,000 Stimulus to Iran
Crypto is facing a major political test as Americans head to the polls on November 3, with the US midterm election potentially res...
Binance Sees Deposits Overtake Withdrawals as It Covers 95% of Stolen Assets
The update comes as the exchange expands withdrawal access across multiple blockchain networks and reports replenishing approximat...
DMG Says Client Assets Are Secure and Highlights Layered Transaction Controls
TL;DR DMG said on October 31 that it and its affiliates were unaffected by the Binance incident. The company described restricted...
Taurus Adds Stellar Smart-Contract Assets to Institutional Custody and Issuance
TL;DR Taurus announced live smart-contract asset support on October 29. The extension covers its custody and tokenization platform...