🇻🇳 Vietnam has officially legalized crypto by adopting the "Digital Technology Law," which will come into effect on January 1, 2026.
🇧🇷 Brazil has started to heavily crack down on crypto with taxes of 17.5% — and this applies to everyone, not just the whales.
Previously, taxes were only applied to those who traded over $6.3k per month. Now — everyone is treated the same. Even if you just sold for a profit of +$50 — you must pay to the treasury. 💸
Losses are allowed to be accounted for, but only for 5 quarters. Additionally, they have introduced taxes on bonds — 5% and 18% on online betting.
The main thing is to ensure that no one else gets the idea to follow Brazil's example. 😬
