BTCC / BTCC Square / Global Cryptocurrency /

Brazil’s Congress Challenges Cryptocurrency Tax Decree

Brazil’s Congress Challenges Cryptocurrency Tax Decree

Author:

Global Cryptocurrency

Published:

2025-06-19 15:20:02

16

1

Brazil’s executive branch faces legislative pushback over its provisional measure to impose a flat tax on cryptocurrency income. Lawmakers argue the decree may overstep constitutional boundaries by bypassing congressional approval for tax policies.

The controversy highlights growing regulatory scrutiny of digital assets in Latin America’s largest economy. While the measure aims to standardize crypto taxation, critics contend it sets a dangerous precedent for executive overreach in fiscal matters.

By:

China’s Central Bank Governor Envisions the End of US Dollar Dominance

Trump Urges Swift House Approval of GENIUS Act, Pushing for Unamended Stablecoin Regulation

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved