Brazil Archives - cryptosignals.org

Brazil Removes Crypto Tax Break, Introduces New Flat Tax

June 18, 2025

January 27, 2025

Brazil Bans Crypto Rewards for Biometric Data Collection

Brazil’s National Data Protection Authority (ANPD) has prohibited Tools for Humanity (TFH), the business behind the World ID initiative, from delivering cryptocurrency awards in return for biometric information. The judgment, which takes effect on January 25, 2025, addresses concerns about pr...

#Brazil #CRYPTOCURRENCY #Identity #Regulation

November 27, 2024

Brazil Proposes Sovereign Bitcoin Reserve (RESBit)

One of the major South American nations, Brazil, through its legislative arm, is planning on establishing RESBit, a sovereign strategic Bitcoin reserve. This is to improve asset management and financial stability for the country. Congressman Eros Biondini introduced the bill, which calls for adding...

#BITCOIN #Brazil #crypto news #Politics

October 14, 2022

Brazil’s Seaside City Starts Receiving Cryptocurrency as a Payment Option for Taxes

Following a law announced in the second week of October by the government of Rio de Janeiro, the residents of the city will now be able to remit their taxes via cryptocurrency. They could also pay with two or more coins. Regarding the news, the city will become the first Brazilian municipal to rece...

#Brazil #Crypto #CRYPTOCURRENCY #NEWS