Tag: Brazil
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Brazil Ends Crypto Tax Break, Imposes 17.5% Flat Rate
Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The...
Binance becomes first crypto exchange with broker-dealer license in Brazil
Binance, the largest crypto exchange by trading volume, has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a...
Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets.According...
Binance ends Brazil dispute with $1.76 million settlement over derivatives
Crypto exchange Binance has agreed to pay Brazilian regulators $1.76 million to settle allegations of unlicensed derivatives trading in the country.The settlement with...
