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Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades

The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.

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Archive context

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

Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades

The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.

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 Cointelegraph

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