๐Ÿš€ Brazil's tax authority, Receita Federal do Brasil, is on a crypto quest! They're seeking info from foreign crypto exchanges like Binance, Coinbase, OKX, and KuCoin to understand how they operate in the samba nation. ๐Ÿ•ต๏ธโ€โ™€๏ธ Why? To ensure Brazilians are playing by the new tax rules. Remember, last December, Brazil passed a law requiring citizens to pay a 15% income tax on crypto profits from foreign exchanges. ๐Ÿ’ฐ The goal? To collect a cool $4 billion by 2024. Meanwhile, crypto trading activity in Brazil has spiked by 30% YoY. So, what's your take on this? Let's chat below! ๐Ÿ‘‡