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The post Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo appeared on BitcoinEthereumNews.com. Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works. Stablecoin Adoption in Brazil Explodes to Avoid Financial Transaction […] Source: https://news.bitcoin.com/stablecoin-adoption-rises-in-brazil-to-leverage-tax-limbo/The post Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo appeared on BitcoinEthereumNews.com. Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works. Stablecoin Adoption in Brazil Explodes to Avoid Financial Transaction […] Source: https://news.bitcoin.com/stablecoin-adoption-rises-in-brazil-to-leverage-tax-limbo/

Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/10/25 02:33

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Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works. Stablecoin Adoption in Brazil Explodes to Avoid Financial Transaction […]

Source: https://news.bitcoin.com/stablecoin-adoption-rises-in-brazil-to-leverage-tax-limbo/

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