The post Brazil Considers Tax for Cross-Border Crypto Transactions appeared on BitcoinEthereumNews.com. Key Points: Brazil examines taxing international crypto payments, impacting cross-border transactions. Proposed reforms include a 17.5% tax rate on digital assets. Crypto community expresses concern over potential investor flight. On November 18th, Brazil’s Ministry of Finance considered including international cryptocurrency and stablecoin payments in the Financial Transaction Tax (IOF) to address foreign exchange transaction loopholes. This move could reshape Brazil’s crypto landscape, prompting industry concerns about potential capital flight and increased tax burden, affecting investor behavior and regulatory clarity for digital asset transactions. 17.5% Tax Proposal Sparks Industry Concerns in Brazil Brazil’s Ministry of Finance is leading efforts to expand the IOF to include digital asset transactions following the central bank’s classification of some crypto payments as foreign exchange operations. Officials aim to close taxation loopholes affecting cross-border payments. Currently exempt from the IOF, cryptocurrency transactions may soon face a unified 17.5% tax rate. This proposal could significantly alter the landscape for stablecoins used in cross-border transfers, increasing costs for investors and companies. “Increased income tax and financial operations tax on stablecoins generates a backlash in the crypto sector and could drive away investors… The cryptoasset sector reacted negatively to the possibility of applying a standardized 17.5% tax rate to cryptocurrency transactions and the creation of a Financial Transactions Tax (IOF) on stablecoins, proposals currently being discussed by the federal government.” Regulatory Changes May Drive Exchanges Offshore Did you know? Brazil’s finance efforts to tax crypto mirror past initiatives that saw regulatory challenges and liquidity outflows to offshore exchanges. As of November 18, 2025, Bitcoin (BTC) remains a dominant force in the crypto market, with a market cap of $1.82 trillion and a circulating supply of approximately 19.95 million BTC, according to CoinMarketCap. Recent data shows a 4.29% fall in its 24-hour price, illustrating ongoing market volatility. Bitcoin(BTC), daily chart,… The post Brazil Considers Tax for Cross-Border Crypto Transactions appeared on BitcoinEthereumNews.com. Key Points: Brazil examines taxing international crypto payments, impacting cross-border transactions. Proposed reforms include a 17.5% tax rate on digital assets. Crypto community expresses concern over potential investor flight. On November 18th, Brazil’s Ministry of Finance considered including international cryptocurrency and stablecoin payments in the Financial Transaction Tax (IOF) to address foreign exchange transaction loopholes. This move could reshape Brazil’s crypto landscape, prompting industry concerns about potential capital flight and increased tax burden, affecting investor behavior and regulatory clarity for digital asset transactions. 17.5% Tax Proposal Sparks Industry Concerns in Brazil Brazil’s Ministry of Finance is leading efforts to expand the IOF to include digital asset transactions following the central bank’s classification of some crypto payments as foreign exchange operations. Officials aim to close taxation loopholes affecting cross-border payments. Currently exempt from the IOF, cryptocurrency transactions may soon face a unified 17.5% tax rate. This proposal could significantly alter the landscape for stablecoins used in cross-border transfers, increasing costs for investors and companies. “Increased income tax and financial operations tax on stablecoins generates a backlash in the crypto sector and could drive away investors… The cryptoasset sector reacted negatively to the possibility of applying a standardized 17.5% tax rate to cryptocurrency transactions and the creation of a Financial Transactions Tax (IOF) on stablecoins, proposals currently being discussed by the federal government.” Regulatory Changes May Drive Exchanges Offshore Did you know? Brazil’s finance efforts to tax crypto mirror past initiatives that saw regulatory challenges and liquidity outflows to offshore exchanges. As of November 18, 2025, Bitcoin (BTC) remains a dominant force in the crypto market, with a market cap of $1.82 trillion and a circulating supply of approximately 19.95 million BTC, according to CoinMarketCap. Recent data shows a 4.29% fall in its 24-hour price, illustrating ongoing market volatility. Bitcoin(BTC), daily chart,…