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Latam Insights: Brazil Defeats Crypto Tax Revamp; US Buys Argentine Pesos


Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil defeats a Lula-linked crypto tax overhaul, the U.S. Treasury purchases Argentine pesos, and OranjeBTC goes public. $3B in Revenue Lost as Brazil Defeats...

$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure


The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion agenda with 251 votes. President Lula labeled this development as an “imposed defeat to the Brazilian people,” while local crypto groups applauded...

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