Crypto Alert: Federal Revenue Tightens the Noose on Pix Transactions on Exchanges
Hey guys, here's another piece of news from 2025 to brighten up Brazilians' day 🇧🇷.
Starting in 2025, the Federal Revenue Service will start receiving data on all Pix transactions made on cryptocurrency exchanges. Previously, the Revenue Service already monitored Pix transactions made by traditional banks, but now the inspection has been extended to payment institutions (such as digital banks and virtual wallets, used by most exchanges, such as Binance, Bitget and Mercado Bitcoin).
The Revenue Service will use the e-Financeira system to receive data on transactions over R$5,000 (individuals) and R$15,000 (companies) every six months, including Pix and other transactions. The goal is to combat tax evasion and follow international standards against tax evasion (such as the CRS).
In addition, the IRS already has information on cryptocurrency transactions made by Brazilians abroad and will begin to charge taxes on these assets from 2026, with the automatic exchange of information with other countries.
$USUAL These people get annoyed when they take a loss and guess at the square. They took a loss because they bought at the top and it always goes down. Without attachment, I go in and out and come back.
$USUAL . I open and close positions. I don't hold them. Make sure the fee is discounted when closing the position. I don't always use isolated margin, but for the USUAL one, always.
Strong Bullish Momentum: The market is in a strong uptrend, supported by the technical indicators (RSI and MACD), and the price has been making consistent higher highs.
Watch for Breakouts: If XRP breaks above $2.18 with strong volume, the price could continue to target the higher levels.
Conclusion: The trend is bullish, but caution is advised as we approach resistance levels. Traders should aim to take profits at each target level and monitor for any signs of reversal. Keep an eye on volume and market sentiment for additional insights.