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Brazilian legislators to debate President's proposal for 17.5% cryptocurrency tax on August 6

Summary: According to Bitcoin.com News, Brazilian legislators are preparing to debate a new cryptocurrency tax proposal put forth by President Lula. The proposal calls for a uniform tax rate of 17.5% on all cryptocurrency transactions, with a hearing scheduled for August 6.

According to Bitcoin.com News, Brazilian legislators are preparing to debate a new cryptocurrency tax proposal put forth by President Lula. The proposal calls for a uniform tax rate of 17.5% on all cryptocurrency transactions, with a hearing scheduled for August 6.

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