Tag: Brazil

Brazil’s New Law on Overseas Holdings Takes Effect in 2024

Brazilian President Lula da Silva signed a law imposing taxes on cryptocurrency assets held abroad by citizens, effective January 1, 2024. The legislation...

Ronaldinho faces possible arrest in Brazil over Cryptocurrency fraud

Ronaldinho may be detained in a Brazilian crypto fraud probe tied to his company, "18kRonaldinho," for promising high crypto returns He missed a...

Brazil set to revolutionize crypto industry

According to Receita Federal, the Brazilian tax authority, between January and November, locals traded at least $11.4 billion in stablecoins in 2021 SmartPay,...
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