Author: Press Releases

We publish press releases from various crypto entities. These press releases provide timely updates and news from leading crypto entities around the world. Please confirm those press releases or announcements before taking any action as we do not verify them.

Brazil Ends Crypto Tax Exemption, Imposes 17.5% Flat Rate on All Gains

General News
Brazil has officially overhauled its crypto taxation system. As of June 12, 2025, all cryptocurrency profits—whether from local exchanges, self-custody wallets, or offshore holdings—are now subject to a 17.5% flat tax. This shift, enacted under Provisional...

Bitcoin Falls Below $103K as Middle East Tensions Spark Market Jitters

Bitcoin
Bitcoin briefly dropped under $103,000 following Israeli airstrikes on Iranian nuclear and military facilities, triggering a wave of risk aversion across global markets. The cryptocurrency market, already on edge, reacted swiftly to the geopolitical shock. Rapid Market...