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Brazil Plans Tax on Cross-Border Crypto Transactions

The post Brazil Plans Tax on Cross-Border Crypto Transactions appeared first on Coinpedia Fintech NewsBrazil's Finance Ministry is considering applying its financial transaction tax to cryptocurrencies used in international payments. The central bank has categorized these crypto transactions, including those involving virtual assets and stablecoins, as foreign exchange operations, which could make them taxable. This move aims to close regulatory gaps and bring crypto payments under existing financial tax ...

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