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Economy & Business - December 2025
BRAZIL: Belated crackdown on booming cryptocurrencies
Considering the size of Brazil’s cryptocurrency market – estimated at about R$1.7tn (US$318bn) a year – rules have been very lax for a very long time. Following the approval of a crypto-assets law in November 2022, authorities are finally tightening the rules on the booming business, with an eye on cracking down on fraud and raising tax revenue.
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