Political Comparison: Right vs. Left on the Impact on Cryptocurrencies
Economic/Regulatory Aspect Right 🇧🇷 ✅ Left 🇧🇷 ❌
Crypto Asset Regulation Flexible and pro-innovation Rigid and interventionist
Crypto Taxes Tendency towards reduction or exemption Increase in income tax, financial transaction tax, and digital taxes
Monetary Policy Lower interest rates, focus on growth High SELIC, inflation control through tightening
Stimulus to Private Initiative Strong support for entrepreneurship Expansion of the State and public spending
Investor Confidence High, with inflow of institutional capital Low, with capital flight and uncertainty
Impact on BTC, ETH, SOL 📈 Appreciation and adoption 📉 Pressure and retraction
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🟦 Why is the Right More Favorable to the Crypto Market?
- Less State, more financial freedom: Cryptocurrencies represent autonomy — something right-wing governments tend to value.
- Lighter regulatory environment: Facilitates the operation of exchanges, startups, and crypto funds.
- Fiscal and monetary stability: Attracts institutional investors and reduces volatility.
📊 Real example: After the election of liberal governments in countries like El Salvador and the USA, Bitcoin surged with institutional support and legalization.
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🟥 Why the Left Concerns the Crypto Market?
- High tax burden: Proposals to tax crypto assets with financial transaction tax, income tax, and social contributions.
- Expansion of social security and state programs: Pressures the budget and demands more revenue.
- High inflation and interest rates (SELIC): Discourages risk assets like cryptocurrencies.
- Digital control and surveillance: Can stifle innovation and privacy in the sector.
📉 Real example: During left-wing governments in Brazil, there was an increase in taxes and bureaucracy on fintechs and digital assets.
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💎 Featured Cryptos
Currency Symbol Current Highlight
Bitcoin ₿ BTC Projection of US$ 200,000 by the end of 2025
Ethereum Ξ ETH Stable, but with potential for increase with ETFs
Solana ◎ SOL Surging with ETF approval in the USA