Bill Criminalizing Crypto-Powered Foreign Currency Tax Evasion Surges in Brazil

The bill, introduced by Federal Deputy Tabata Amaral, amends the current regulation and establishes the crime of cryptocurrency tax evasion, aiming to curb the rising volume of remittances and settlement alternatives using dollar proxies, including stablecoins. Brazil Aims To Criminalize Undeclared Stablecoin Transactions In New Bill Brazil is taking measures to tighten its grip on […]...