Brazil is preparing a new framework to tax cryptocurrency and stablecoin flows 🇧🇷

The Ministry of Finance plans to classify crypto transactions as foreign exchange operations.

This move would allow the application of the Financial Operations Tax (IOF).

The proposal is expected to go through public consultation.

If implemented, it could impact crypto usage trends across Brazil.

#CryptoNews #Brazil #Stablecoins #Bitcoin #Blockchain #CryptoRegulation #Binance