Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances

The measure, described past week, would beryllium submitted by Brazil’s Revenue Service for nationalist consultation and would enforce a 3.5% taxation connected some stablecoin purchases and remittances, treating them arsenic overseas currency exchanges taxable to the existing Tax connected Financial Transactions (IOF). Brazil Prepares For Issuing Decree Taxing Stablecoin Purchases and Remittances The Brazilian crypto […]