Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval. Source
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Brazil Approves Proposed 15% Income Tax on Crypto Earnings Held on Foreign Exchanges
The move to regulate and tax cryptocurrencies held on foreign exchanges comes as digital assets are gaining popularity in Brazil. The Brazilian Senate recently gave the green light to a new tax reform aimed at imposing a 15% tax on cryptocurrencies held on foreign exchanges. The proposed bill on crypto income
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DOGE Now Held at Record 5M Crypto Addresses
Meanwhile, the number of active addresses on the network has more than doubled to 168,000, reaching the most since March 2022, and the number of confirmed transactions on the Dogecoin blockchain has jumped to the highest since June, with the tally increasing by 1,000% in the past 10 days. Source
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Bitcoin [BTC] Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show
Blockchain analytics firm Glassnode's bitcoin exchange net position change metric, which measures the number of coins held by exchange wallets on a specific date compared to the same date four weeks ago, rose to 31,382.43 BTC ($1.16 billion) on Sunday, the highest since May 11, 2023. That has lifted the
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Spot Bitcoin (BTC) ETF Approval Held Hostage to Gary Gensler’s Political Ambitions
Riffing, then, on what the explanation might be for the SEC's continued rejections of spot ETF applications, Wood referred to "speculation" surrounding Gensler's desire to be Treasury Secretary. "What does the Treasury Secretary do? It's very focused on the dollar," she said. Original Source
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Bitcoin supply held by long-term holders hits all-time high — Research
Data from Glassnode suggests that Bitcoin (BTC) is in an accumulation pattern with its available supply reaching a new historical low. According to the report, Bitcoin’s illiquid supply and long-term holders cohort rise.As Bitcoin’s supply tightens, available BTC is being purchased by smaller, long-term holding entities.Bitcoin accumulation among a majority
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Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune
Derivatives, which are financial contracts that derive their value from an underlying asset such as bitcoin (BTC), can be lucrative for both traders and the exchanges that serve them. FTX Europe, like other European exchanges, offered a range of derivatives products, but it also was the only firm with a
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BTC Held on Crypto Exchanges Drops to 2M Bitcoin, Least Since January 2018
Since Sam Bankman-Fried's exchange, FTX, went bust in November last year, investors have increasingly preferred to keep coins off centralized exchanges. From what we know now, FTX, formerly the world's third-largest exchange by volume traded, commingled user funds, denting investor confidence. Source
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Which Top Meme Coins Have Held Their Value Best Amid The Crypto Market Crash?
The performance of the top meme coins in the space has mostly mirrored the broader market crash triggered by Bitcoin’s decline toward
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Brazil to tax crypto held abroad by citizens
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Brazilian Congress is pushing forward legislation allowing for the taxation of crypto assets held abroad by citizens of the South American country. According to the local press, Brazilian lawmakers on Aug. 11 approved amendments to a
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