रिलायंस इंडस्ट्रीज के चेयरमैन और मैनेजिंग डायरेक्टर मुकेश अंबानी ने लगातार छठे साल कंपनी से …
Read More »Stablecoins in Brazil May Face 3.5% Tax on Purchases and Transfers
Brazil’s government is advancing a proposal to impose a **3.5% Tax on Financial Transactions (IOF)** on certain stablecoin activities, treating them as foreign exchange (FX) operations. This follows the Central Bank of Brazil’s (BCB) resolutions (effective February 2026) classifying stablecoin purchases, sales, exchanges, and cross-border transfers as FX transactions—closing a regulatory loophole that previously allowed users to avoid IOF on …
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