Brazil’s 2025 Tax Reform Hits Crypto Investors Hard 🇧🇷
📊 Brazil’s 2025 tax reform introduces a flat 17.5% tax on all crypto capital gains, heavily impacting small investors by taxing profits from foreign exchanges, offshore wallets, and cold storage.
💸DeFi activities, staking rewards, and NFT sales are now fully taxed, while previously exempt fixed-income products like LCIs and CRIs face a 5% levy.
🌐The online betting tax will rise from 12% to 18% starting October 2025.
🚨This broad compliance burden could deter retail participation. Will this reshape Brazil’s crypto landscape?