🚀Single tax and end of exemption of up to R$ 35 thousand per month; see how the new taxes on cryptocurrencies will look

The federal government published on the night of last Wednesday (11) decree Nº 12.499 and Provisional Measure (MP) Nº 1.303, which change the taxation of the Tax on Financial Transactions (IOF) and the cryptocurrency and digital assets market. 

Starting with the decree, it says little about the taxation of digital assets, but opens the door for taxation on stablecoins.

$BTC

$USDC

#stableBTC #Brazil