Lawmakers

Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording from the Federal Senate, the new rule applies to crypto users with assets worth more than R$6,000 ($1,200) on all offshore exchanges. Brazilian Crypto Users […]

Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges Read More »

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026. The committees said they want the Central Bank to “return to considering” 

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans Read More »

Scroll to Top