Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchang...
Original source
Read on Bitcoin NewsRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Kraken named to FXC Intelligence’s 2026 Cross-Border Payments 100
TL;DR Payward and Kraken have been named to FXC Intelligence’s 2026 Cross-Border Payments 100, the eighth annual market list of th...
Japan’s Lower House Passes Sweeping Bill to Regulate Crypto Like Stocks, Opening a Path to Lower Taxes and ETFs
Japan’s lower house passed a sweeping bill on Thursday to regulate cryptocurrencies like stocks, a structural shift for one of the...
Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger
Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments...
Kraken scores FIFA World Cup 2026 sponsorship just days before Brazil-Morocco opener
Kraken's FIFA partnership signals a heightened trust in crypto exchanges, potentially revitalizing crypto-sports sponsorships post...