The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and international payments using these instruments. The news comes as the Central Bank of Brazil will start treating these as foreign currency starting in February. Report: Brazil Mulls Applying Taxes to International Stablecoin Flows The Facts […]
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NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling
Key TakeawaysNew York AG Letitia James sued Polymarket, alleging the prediction market illegally offered gambling to New Yorkers.Polymarket advertised its...

