Brazil’s 15%–22.5% Crypto Tax Hits Small Investors
2️⃣🇧🇷 Brazil’s new tax rules impose 15%–22.5% on overseas crypto profits, burdening retail investors with monthly declarations and reports.
📉 This heavy compliance pressure targets LATAM’s growing crypto community, risking reduced participation.
💸Small traders, already navigating volatility, now face administrative hurdles, per recent policy updates.
‼️Highlights the strain, with calls for relief. Will this deter adoption or push users to unregulated platforms? The crypto tax debate intensifies!
#BrazilCrypto #CryptoTax #LATAM