When the national team takes the lead, wild paths instantly transform into regular troops— Brazil’s move is a masterstroke, directly turning the crypto black market into the central bank’s golden bowl!
I am the strategist, a seasoned player in the crypto space for ten years, having personally witnessed the madness of El Salvador's 'president going all in', but this time Brazil's moves are even more ruthless— using legislation to give cryptocurrencies 'financial IDs', even dismantling the tax bomb! Below, I'll share my practical insights.
1. Epic certification: Bitcoin = stocks + bonds!
The Brazilian Congress is advancing bill PL 4501/2024, which aims to purchase 5% of the national foreign exchange reserves, about $18.5 billion, in Bitcoin, directly stuffing it into the central bank's vault as 'digital gold'. Even more audacious, government officials openly declare: 'Bitcoin reserves are crucial for Brazil's prosperity; it's the gold of the internet age!'
2. Tax bomb dismantled: Retail investors no longer have to 'cut losses repeatedly'.
Previously, trading cryptocurrencies in Brazil was a huge hassle: even crypto-to-crypto trades were taxed, and if your profits exceeded 35,000 reais, you had to cut losses.
The new regulations are serious:
Remove the tax exemption threshold; all gains are uniformly taxed at 17.5% capital gains tax.
Exchanges must calculate using 'fair value', bidding farewell to accounting loopholes.
Self-custody wallets and overseas assets are all included in regulations—want to evade taxes? No way.
My personal experience: The tax form from my cryptocurrency sales in Brazil last year gave me a headache; the new regulations are truly lifesaving!
3. Public companies can now 'fancy hoard coins' with the green light!
New regulations require: if companies hold more than 10% of net assets in cryptocurrency, they must disclose it separately. This isn’t a restriction; it’s clearly an official hint: 'Hoard boldly! Just report honestly!'
The chain reaction has exploded:
Brazil's largest bank, Itaú: Reportedly testing BTC mortgage loans, truly aiming to integrate with traditional finance;
The trillion-dollar pension giant Previ (managing 1.2 trillion reais): could enter the market to buy at any time; even Grayscale is intimidated;
Companies can now pay salaries in crypto! At least 50% in reais + 50% in cryptocurrency, foreign employees can receive their full salary in crypto— high labor costs in Latin America instantly become a bargain!
4. The Latin American capital meat grinder has started: 14.3 trillion reais are being released!
Brazil's asset management market size is $2.8 trillion, and now all compliance channels are fully opened, with the flow direction being just three words: cryptocurrency!
Data is terrifying:
Brazilian users have surged by 217%, topping the largest market in Latin America;
Compliant exchanges have a daily trading volume of $1.9 billion, crushing Mexico to become the new gambling king;
Local exchange Mercado Bitcoin saw a daily inflow of 42,000 ETH, with whales positioning themselves early— this volume is unmanageable even for the market makers!
5. Ambush these 3 'Brazilian darlings' that may reap policy dividends!
$MBT：
The Brazilian central bank has issued 14 licenses, allowing it to monopolize the market, current price is $1.37. On-chain monitoring shows a daily inflow of 42,000 ETH; the implementation of policies may trigger a pricing explosion.
$Q2：
New regulations require companies to be transparent about their currency holdings, leading to a surge in custody demand! It is reported that Goldman Sachs has pumped $90 million into Brazil;
$SOL：
Brazilians really love it! 61% of transactions on local DEX use SOL, and once the new regulations are implemented, it could crush ETH to become the king of on-chain payments in Latin America.
Personal insights from the strategist:
Gold in 72 hours: The policy consultation period is the market rally window! Referencing Japan's 480% surge post-certification in 2016, if the Brazilian bill passes the Senate in July, it could replicate that trend;
Spot ambush: Build positions in batches around $1.37 for $MBT, chase $SOL if it breaks $145, stop loss at $138 (taking advantage of Latin American FOMO);
Nuclear bomb warning: If Binance launches Brazilian real futures before July 15, all Latin American concept coins will take off instantly!
The national team buying coins is just an appetizer; paying salaries in crypto is the real bomb— the next wave of wealth secrets is hidden in the 'Latin American labor revolution'! Follow the strategy, precise targeting, and doubling assets is not a dream!#巴西加密新政 #加密市场回调 $ETH $SOL
