๐ป๐ณ Vietnam has officially legalized crypto by adopting the "Digital Technology Law," which will come into effect on January 1, 2026.
๐ง๐ท Brazil has started to heavily crack down on crypto with taxes of 17.5% โ and this applies to everyone, not just the whales.
Previously, taxes were only applied to those who traded over $6.3k per month. Now โ everyone is treated the same. Even if you just sold for a profit of +$50 โ you must pay to the treasury. ๐ธ
Losses are allowed to be accounted for, but only for 5 quarters. Additionally, they have introduced taxes on bonds โ 5% and 18% on online betting.
The main thing is to ensure that no one else gets the idea to follow Brazil's example. ๐ฌ
#Brasil #Vietnam
๐ง๐ท Brazil has started to heavily crack down on crypto with taxes of 17.5% โ and this applies to everyone, not just the whales.
Previously, taxes were only applied to those who traded over $6.3k per month. Now โ everyone is treated the same. Even if you just sold for a profit of +$50 โ you must pay to the treasury. ๐ธ
Losses are allowed to be accounted for, but only for 5 quarters. Additionally, they have introduced taxes on bonds โ 5% and 18% on online betting.
The main thing is to ensure that no one else gets the idea to follow Brazil's example. ๐ฌ
#Brasil #Vietnam
