Brazil Plans Crypto Tax Crackdown | Crypto

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. The post Brazil Plans Crypto Tax Crackdown on Cross-Border Payments to Close Loophole: Report appeared first on Cryptonews.