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Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory

Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities. дальше »

2019-8-2 17:00


Brazilian President Claims He Doesn’t Know What Bitcoin Is, Affirming We Have a Long Way to Go

Brazilian president Jair Bolsonaro says he doesn’t know about Bitcoin The Brazilian government has also blocked a crypto-related initiative Although there were many individuals claiming that Jair Bolsonaro, the president of Brazil, was going to support the expansion of virtual currencies, the reality is that he does not know what this virtual currency is. This […] дальше »

2019-6-6 17:43


Brazilian Presidential Candidate Pledges To Legalize Bitcoin (BTC) If Elected

A presidential candidate in Brazil has pledged to legalized cryptocurrency in the country if elected. He revealed this through his Twitter handle on the 7th of August, as he affirmed the local currency of the nation remains the national currency of the country as a legal tender for transactions, but cryptocurrency will obtain the status […] дальше »

2018-8-12 06:40