Market #cripto joins against tax increase and #denuncia attack on innovation.
During #Blockchain Rio, major executives in the sector spoke about the need for greater debate on the rate imposed by the government on the crypto market via MP.
No sector likes taxation, but the Brazilian government's decision to end the exemption on cryptocurrency transactions and set a general rate of 17.5% has left the market especially irritated for one reason: the definition came through a Provisional Measure, without any of the broad debates that would normally occur with a bill.
During the #2025 edition of Blockchain Rio, the Bitcoin Portal interviewed executives from major companies in the sector to understand how the market reacted to the scenario of higher tax burden and the imposed manner, without room for debate, of the Provisional Measure.
