📣 Brazil's tax authority, Receita Federal do Brasil, is on a crypto hunt! They're seeking info from foreign exchanges like Binance, Coinbase, OKX, and KuCoin to ensure Brazilians are complying with new tax laws. 🇧🇷 The aim? To understand how these exchanges operate and if any shady business is going on. Until now, only local exchanges had to report transactions. But with a 15% income tax on crypto profits now in place, the taxman is looking to collect a cool $4 billion in 2024. 💰 Meanwhile, crypto trading in Brazil has spiked 30% YoY to $6 billion. Looks like the crypto fever is spreading! 🌡️