$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion agenda with 251 votes. President Lula labeled this development as an “imposed...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin NewsRelated market context
NEAR Blockchain Holders Vote to Trim Max Issuance to 1.6%, Pending Validator Adoption
NEAR Protocol‘s onchain governance body, the House of Stake, has voted to lower the network’s yearly issuance ceiling from 2.5% to...
Brazil’s largest crypto exchange Mercado Bitcoin freezes deposits and withdrawals after security incident
The incident highlights the critical need for robust security measures and regulatory oversight in the rapidly evolving crypto ind...
Hyperliquid generates $713M in revenue over past year
Hyperliquid's revenue success without venture funding highlights the potential of decentralized finance, but regulatory challenges...
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...
What to Do If Your Crypto Card Is Lost, Stolen, or Hacked
You reach for your wallet and the card is gone. Or worse, your phone buzzes with a payment you did not make. With a normal bank ca...
Crypto wallet revenues drop 60% in H1 2026, 1kx report finds
The decline in crypto wallet revenues highlights the sector's vulnerability to market fluctuations, urging a reevaluation of reven...