The Securities and Exchange Commission (SEC) yesterday (Wednesday) approved the spot Bitcoin exchange-traded fund (ETF) application of 11 firms in one go. Now, spot…
Its official: the Securities and Exchange Commission (SEC) has approved the spot Bitcoin exchange-traded fund (ETF). The confirmation was made just before the…
The Central Bank of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce Compliant Nigerian naira stableCoin (cNGN) within its…
Strating January 1, 2024, Brazil will introduce a flat 15% tax on crypto profits and up to 6,000 Brazilian reais ($1,200), will be exempt from taxation.
In a…
The Brazilian Senate has passed legislation
proposing an income tax on crypto gains from offshore exchanges, awaiting
final approval from the country's president.…
The move to regulate and tax cryptocurrencies held on foreign exchanges comes as digital assets are gaining popularity in Brazil.
The Brazilian Senate recently…