Brazilian digital bank Nubank achieved impressive growth in the second quarter of 2025, reporting a 40% revenue increase and $637 million net income. This substantial surge in customer […]
Belo Horizonte Becomes Bitcoin Capital: City Votes to Embrace Cryptocurrency
Belo Horizonte, Brazil’s sixth-largest city, has taken a major step towards crypto adoption by officially becoming the nation’s first Bitcoin Capital. This landmark decision was driven by Councilman […]
Brazil Allocates $5.5 Billion to Combat U.S. Tariffs
Facing new U.S. tariffs, Brazil is deploying $5.5 billion in credits to help exporters. Brazilian President Lula announced this aid program targeting industries heavily impacted by the increased […]
Brazil Unveils Plan To Shield Exporters from U.S. Tariffs
Facing the brunt of 50% import duties imposed by U.S. President Donald Trump on certain Brazilian goods, the Brazilian government has unveiled a comprehensive support program to mitigate […]
Special Customs Regimes: Boon or Barrier to Brazilian Economic Growth?
Brazil’s special customs regimes, including Drawback, Temporary Admission, and Temporary Exportation, aim to stimulate international trade and accelerate economic growth. However, the line between promoting global competitiveness and […]
Belo Horizonte Eyes Bitcoin Leadership: City Aims to Become Brazil’s Crypto Hub
In a symbolic move, Belo Horizonte, the sixth-largest city in Brazil, is aiming to become the country’s Bitcoin capital. A recently passed bill has the city positioned for […]
Belo Horizonte Seeks Bitcoin Status as Brazil’s Crypto Hub
Belo Horizonte, Brazil’s sixth-largest city, has proposed legislation to become a cryptocurrency hub and officially branded as the country’s Bitcoin capital. This move comes after the council advanced […]
Belo Horizonte Becomes Brazil’s Bitcoin Hub: Symbolic Bill Ignites Crypto Innovation
Belo Horizonte, Brazil’s sixth largest city, has taken a significant step towards becoming the country’s Bitcoin capital with the passage of a symbolic bill. The bill, aiming to […]
Argentina Leads in Crypto Ownership: Study Shows Surge in Digital Assets
New research reveals that Argentina has surpassed Brazil in crypto ownership rates, with 18.2% of Argentines holding digital assets, compared to 16.7% in Brazil. Rankings Latam’s study suggests […]
Brazil Enforces 17.5% Flat Crypto Tax, Méliuz Invests in Bitcoin
Brazil has implemented a new flat 17.5% tax on all crypto profits, eliminating previous exemptions for small investors. This change, part of a broader regulatory overhaul, will impact […]
Brazil Implements 17.5% Crypto Capital Gains Tax: Major Shift for Investors
Brazil has announced a major change to its cryptocurrency tax policy, implementing a new 17.5% rate on all capital gains from digital assets effective June 12, 2025. This […]
Brazil Implements Flat 17.5% Crypto Tax Rate, Ending Exemption
Brazil’s crypto tax landscape has shifted dramatically. The country has abolished its long-standing crypto exemption and replaced it with a uniform 17.5% flat rate on all digital asset […]
Brazil Imposes Flat 17.5% Tax on Crypto Gains
Brazil’s crypto tax landscape is undergoing a major shift as the country introduces a uniform 17.5% flat tax on all cryptocurrency gains, effective June 2025. This change eliminates […]
Brazil Enacts Flat 17.5% Crypto Tax, Affecting Residents’ Gains
Brazil has implemented a significant tax reform for cryptocurrency assets, imposing a flat 17.5% income tax rate on all gains held by residents. This new policy, effective June […]
Brazil Enacts Flat 17.5% Crypto Tax From June 2025
Brazil’s government has implemented a new flat tax of 17.5% on crypto profits, effective June 2025. This change replaces the previous progressive system and eliminates exemptions for smaller […]