latest news about Bitcoin, cryptocurrencies and blockchain in Brazil:
Brazil's Federal Revenue Service plans to meet with foreign cryptocurrency brokers such as Binance to address tax and legal issues.
Law 14,754 obliges companies that operate with digital assets to report on their clients, even if they are not established in Brazil. Starting in 2024, investors using foreign brokers will face a 15% tax on transactions.
In 2023, Brazilians declared R$ 133.6 billion in cryptocurrencies, with a significant increase in investments through foreign brokers.
The government seeks to ensure that Brazilians' income is properly recorded and taxed.
