Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike


Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency...

Tether’s CEO: Stablecoins Are Key to Financial Transformation in Africa


Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a strategic...

Bitcoin Craters to $100K as $837M in Crypto Positions Vanish


On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for...

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