Brazil has taken significant steps forward with its crypto tax policy. Its new tax rate for all crypto investors is a 17.5% flat profit tax. Brazil’s Finance Minister Joaquim Levy first introduced this change as part of Provisional Measure No. 1303. This is a departure from the current, highly simplified...
Brazil’s new 17,5% flat tax on crypto profits, formalized under Provisional Measure No. 1303, seems easy-peasy at first glance, huh? A flat tax – seemingly fair, efficient. Peel back the layers though, and you’ll find a policy that is poised to kill innovation. That’s exactly the kind of innovation it...
According to a recent Statista report, Nigeria ranks first in the world for cryptocurrency adoption. The country most celebrated for its non-custodial wallets use is El Salvador. This increase comes amidst the country’s ongoing development of regulatory frameworks and as other African countries look at developing their own digital currency...
With recent confirmation of Paul Atkins as the new SEC chair, even more exciting times lie ahead. So far, he has focused on shifting the agency’s tone in regulating cryptocurrency. Atkins was sworn in to office last month. He emphasizes the need for clear, consistent rules of the road while...
The crypto market is on the verge of a monumental change. The SEC is responding to a rapidly evolving regulatory environment, deeply influenced by political winds and industry demand. With figures like former President Donald Trump advocating for a more lenient approach to digital assets and the SEC itself hinting...
At present, U.S. policymakers are reconsidering their approach to the digital asset sector and how best to regulate it. This decision makes sense as the industry grapples with its growing pains and a changing landscape. That’s why the securities industry is currently advocating for a technology-neutral regulatory framework. They call...
Okay, let's cut the fluff. You've seen the headlines: Tariff cuts! Bitcoin to the moon! Before you FOMO into buying more BTC, let's dig into why this seemingly unrelated economic move could be a genuine catalyst for Bitcoin's future and what you should be wary of.Tariffs Down, Bitcoin Up... Why?The...
As we head into 2025, the cryptocurrency market is seeing heightened attention from regulators around the globe. As these digital assets become more prominent, governments and financial institutions are starting to take notice. The regulatory milieu is changing quickly, creating a unique moment of unprecedented challenge and opportunity for crypto...
We know the crypto world is evolving quickly, and regulations are a major player in that evolution. Governments globally are under significant pressure to regulate. Now, crypto platforms have to walk the tightrope of following these guidelines while avoiding the dismissal and disappointment of their user base and maintaining the...
The regulatory landscape for cryptocurrency is constantly evolving, and recent developments in the United States signal a significant shift in how banks can engage with digital assets. The Office of the Comptroller of the Currency (OCC) has promulgated new guidance. Consequently, banks have the ability to provide a wider range...
