🇹🇷 Cryptocurrency and blockchain enthusiasts in Turkey! 🚀 The Brazilian Senate has approved a new income tax regulation that states that citizens who earn cryptocurrency profits on foreign exchanges must pay up to 15% tax. 📈

🔹 Starting in 2024, Brazilians who earn more than $1,200 (6,000 Brazilian Reais) on foreign exchanges will be subject to this tax.

🔹 Income earned until the end of 2021 will continue to be taxed at the current 8% rate.

🔹 The government aims to collect $40 billion (203 billion Brazilian Reais) with this regulation in 2024.