WARNING IS IT A SCAM? BILLIONS LEAVING BANKS FOR CRYPTO IN BRAZIL! 🇧🇷

Hey, Binance Square folks! Check this out: billions of reais are leaving the traditional banking system and going straight into cryptocurrencies in Brazil!

The CEO of Bradesco, Marcelo Noronha, raised the issue: he wants the government to take a close look at the exemption of IOF on cryptos. For him, this lack of tax could be a shortcut for people to circumvent the taxation of global accounts and cards.

What does this mean? 🤔

* Crypto booming: It shows that people are trusting and heavily investing in crypto around here.

* Regulatory pressure: Banks are feeling the impact, and the demand for new rules and taxes on cryptos is expected to increase.

It's a scenario that shows the strength of the crypto market and the challenge for banks to adapt. The game is changing, and Brazil is in the middle of this revolution!

And for you, what does this capital flight mean? Should the government tax cryptos more or is it just Bradesco defending its own interests?

Leave your opinion in the comments! Likes also help a lot, follow for more content.

#Cryptocurrencies #BrazilCrypto #Finance #Bradesco #Regulamentação $BTC