Brazil has considered extending its IOF tax to crypto foreign-exchange operations after stablecoins have been reclassified as FX instruments, as authorities have sought to close a regulatory gap in a fast-growing market while public finances have faced renewed strain.Brazil has considered extending its IOF tax to crypto foreign-exchange operations after stablecoins have been reclassified as FX instruments, as authorities have sought to close a regulatory gap in a fast-growing market while public finances have faced renewed strain.
Brazil Plans Crypto Tax Crackdown on Cross-Border Payments to Close Loophole: Report
Brazil has considered extending its IOF tax to crypto foreign-exchange operations after stablecoins have been reclassified as FX instruments, as authorities have sought to close a regulatory gap in a fast-growing market while public finances have faced renewed strain.
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