The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion agenda with 251 votes. President Lula labeled this development as an “imposed defeat to the Brazilian people,” while local crypto groups applauded the outcome. Brazil Defeats Crypto Tax Measure in Congress The crypto industry in […]
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$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
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