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Nalezeno "BitCoin": 125546

Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo


Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works....

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