Good news from Brazil

[voltagecrypto98]

Great to here the news. I hope it will increase day by day. It will make the industry prosperous in coming days. And will bring something benevolent for the whole market.

[Kola]

I thought Japan is the leader, isn't? Anyway, smart countries trying to adapt it already, other just trying to regulate it or add taxes for it.

[PayneCharity]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

Brazil is likely to be another country that will accept Bitcoin. Every month there is good news from countries that accept more bitcoin. I guess that in 2020, the whole world will accept bitcoin

[Mihail.B]

many people want to be the number one in the world, and Belarus) so far it is bad for everyone. I hope that the cryptocurrency will be perceived positively by countries in the near future!

[esprit man]

I think Bitcoin good news comes every month. Brazil is a big country. Happy to get good news. I am not sure but I think, the world will accept bitcoin very soon. It is my belief that in 2022, bitcoin will take 90% of the country's progress by itself.

[mellar1084]

wow! this is a really good news at this momemt for crypto marker, Because this is a possitive new about of crypto market,Because of a fake news such as a market dump, it can be a loss to the market, as well as a good news about crypto, it can be useful to market, marker pump, so due to sharing this news with everyone many many thanks for you.

[Baksobakar]

What is that

[Bezobraznike]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

I read that there is 400 000 active users and around 2000 BTC exchanged per day. Great figures !

   With 207 million citizens Brazil can do much more. Not just them, entire world can make much higher daily numbers, and that will happen.
Brazil have many stores that accept crypto-payments.
   Brazil shows improvements in their economy. Brazil is seventh largest in the world by purchasing power parity, growing industry. Brazil is in
the world’s top 10 biggest economies in 2017.
   Good news from Brazil right after news from South Korea. Better days are coming with more countries joining Blockchain!

[baundul]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

I read that there is 400 000 active users and around 2000 BTC exchanged per day. Great figures !

Back in 2009, if someone living under Brazilian law made his or her first transaction buying and selling bitcoin at a profit, they had to pay (or should have paid) income tax in order of 15% of its capital gains (unless the total amount involved was less than to R$35,000 ($10,600) in a month, when a tax exemption was applicable).

It's not easy to have a business in Brazil. Anyone wanting to do so needs to hire an accountant and a lawyer to prepare a contract equivalent to the articles of organization in the US. Afterwards, there is the need to obtain a taxpayer ID issued by the federal, state and municipal governments.

But differently from most businesses, cryptocurrency-related ventures that deal directly with large sums of money, securities, art, jewelry or other assets are subject to very specific duties regarding anti-money laundering policies and compliance in general.

First presented in 2015, the discussed bill adds nothing to the digital currency legal environment.

Collected
They leaned on the crypt to get government scope. They're not able to do business smoothly, the crypt started the business easily. The people of Brazil are benefiting and the government is satisfied with the tax.

[Marlo Stanfield]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

I read that there is 400 000 active users and around 2000 BTC exchanged per day. Great figures !

   With 207 million citizens Brazil can do much more. Not just them, entire world can make much higher daily numbers, and that will happen.
Brazil have many stores that accept crypto-payments.
   Brazil shows improvements in their economy. Brazil is seventh largest in the world by purchasing power parity, growing industry. Brazil is in
the world’s top 10 biggest economies in 2017.
   Good news from Brazil right after news from South Korea. Better days are coming with more countries joining Blockchain!

I guess that's a decent amount of potential growth there. If they continue growing their economy along with their own crypto market we could see some interesting things.

I wonder what Jorge Stolfi is doing these days and how he's taking the current situation, lol.

[Catch-22]

One would know if a government knows what is good for their citizens with the way it treats cryptocurrency. Forward thinking governments embrace bitcoin while others ban it. 

[Rain Drops]

Brazil is a very poor country. Brazil will be too late to reach Bitcoin. But the good news for Brazil is that bitcoin is helping Brazil a lot. It is expected that in this poor country, Bitcoin will take place very quickly. This is very good news for Brazil.

[polyballz]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

It is like water in the middle of the arid desert. this good news hopefully can fix the current bitcoin price. If every country continues to accept bitcoin wisely, then bitcoin can help its country to eradicate Poverty, And, we will get a stable Bitcoin Price.

[anushkasachith888]

Yes, I heard even Brazil football legend Ronaldinho is launching an ambitious new cryptocurrency project which aims to establish a football academy, host amateur and global league matches around the world, develop and operate a betting platform and marketplace, and develop digital VR stadiums that will analyze player skills and compile a blockchain database with which to create new teams. I hope Brazil will adapt to the digital society faster.

[coinwizard_]

Huobi is opening an office there but does Brazil have any large native exchanges? If they want to be big they should make their own but i guess if huobi can reach out to the Brazilian people then it's great for btc

[Bitcoinnumberone]

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

Great news unbelievable i didn't know that so many members and users of bitcoins out there. Congratulations i'm so happy to Brazil they know how to use a new generation of transfering money in digital currency or electronic cash i'm so amazed and excited for the greater things happen in Brazil we should celebrate them i believe that one day other nation use bitcoin to have an convenient life.

[kingdom2710]

Maybe we are getting more news like this And we will get a stable bitcoin price. They started accepting electronic money many years ago, but if they continue to apply the system fully, they can really be a good place to use electronic money. The potential to become a leader in electronic money is there and I hope many nations will do the same.

[bitfocus]

can you please let us know the Government's point of view toward crypto and Blockchain in brazil?

[renata.tuncha@ex.ua]

Oh, cool! Really interesting news about Brazil. And what about ICO projects will it be in demand in Brazil what do you think?
I have found a really safe application. It calls Socratus. It is a insurance ecosystem which provide a digital platform for insurance companies . So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and  get their business on new level. Also, they powered by Smart-contracts & Socratus Oracles.It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. From my point of view, it is innovative and fit the market.

[MacStone]

Very good! I am more than happy to see this kind of news! It finally seems that bitcoin is having a good momentum at the moment, lets see how it keeps going forward