Opinion
Brazil's 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide.
Robin is the founder and CEO of Koinly, a crypto tax platform designed to help crypto investors generate their capital gains tax reports. With a finance and accounting background, he worked as a lead engineer at a Fortune 100 company in the UK before launching Koinly.
Brazil's 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide.
As Bitcoin’s value skyrockets, governments may turn to wealth taxes to tap into unrealized gains, raising questions about the future of crypto taxation.
As Bitcoin’s value surges, tax agencies are ramping up efforts to track crypto transactions, leaving no room for complacency.