Brazil Terminates Crypto Tax Exemptions, Introducing 17.5% Capital Gains Tax
Brazil has implemented a comprehensive revision of its cryptocurrency taxation framework. The nation has abolished its long-standing tax exemptions for minor crypto asset investors. A flat 17.5% capital gains tax will now be applied to all earnings from digital asset transactions. Starting from
Africa Crypto News Weekly Recap: Binance Commends Kenya, VALR Collaborates with MoonPay, Nigeria Imprisons 9 Chinese Fraudsters
In the most recent updates from Africa's crypto scene, Binance commends Kenya for progress in crypto regulations while cautioning against excessive taxation. Meanwhile, VALR is collaborating with MoonPay to broaden access to various fiat currencies. Additionally, Nigeria has sentenced nine Chinese cryptocurrency fraudsters
Africa Crypto Update Weekly Recap: South Africa Advocates for Updated Crypto Regulations, Kenyan Financial Institutions Prepare for Crypto asset as Tether Grows
Africa crypto news: A South African judge is advocating for updated crypto asset regulations, and Kenyan banks are preparing for crypto as Tether invests in Shiga Digital. A judge from South Africa has expressed discontent with the nation's financial authorities for depending on
