The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented
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$50B asset custody platform GK8 enters Brazil with license agreement
Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets.
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Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a
Read moreBrazilian Tax Authority Records 12,000 Institutional Crypto Holdings
Crypto is becoming mainstream in Brazil, with 7.8% of the country’s population (about 16 million people) owning cryptocurrency. As a result, exchanges such as Binance,
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Over 12,000 Brazil companies declare crypto holdings in record high
August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.
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Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority
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