RFB

Latam Insights: Bukele Wins Presidential Ballot by Landslide, Brazil Strengthens Crypto Tax Oversight

February 12, 2024 Bitcoin.com

Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

December 26, 2022 Bitcoin.com

bitcoin.com

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new markets for these companies. Brazilian […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Brazilian Companies Break Crypto Purchasing Records Again in October

December 5, 2022 Bitcoin.com

Bitcoin

According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that declared having purchased crypto during September. Brazilian Companies Purchase Crypto in Waves More […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazilians Investing in Crypto in September

November 8, 2022 Bitcoin.com

Bitcoin

The Brazilian Tax Authority RFB registered a new record in the number of Brazilians that invested in crypto, in the month of September. The institution informed through its monthly reports that almost 1.5 million people had purchased crypto during Sept. The number of crypto investors in Brazil increased since August when a little more than […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings

October 9, 2022 Bitcoin.com

Bitcoin

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 (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements

September 7, 2022 Bitcoin.com

Bitcoin

The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise in the number of women holding crypto for this period. Tax Authority […]

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Bitcoin Bull Market May Drive Russian Miners Underground