Brazil’s regulators have been keeping a soft stance when it comes to the crypto sector. Recently, several proposals were introduced in Brazil’s Congress, aiming to achieve regulatory clarity in the crypto sector. Some of the suggestions reportedly included tax exemptions on renewable crypto mining, currency status of digital assets, and the role of the securities regulator as the crypto supervisor.
With that, crypto platforms have been expanding in the country. As per reports, Bybit trading
Read more on ambcrypto.com