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Brazil Prepares to Tax Cryptocurrency Flows

The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Brazil Prepares to Tax Cryptocurrency Flows
The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected to spark a fierce discussion in Congress and even legal actions. Brazil Aims to Tax Crypto Flows by Decree, Strong Opposition […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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