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📰 News14 March 2026·2 min read·

Brazil Industry Groups Representing 850 Companies Oppose Stablecoin Tax

Source: coindesk

A coalition of Brazilian industry groups representing 850 companies has publicly opposed a proposed government tax on stablecoins, arguing it would be unconstitutional. They contend the tax violates Brazil's Constitution and Virtual Assets Law, as stablecoins are not classified as fiat currency under existing legislation. The pushback reflects growing industry resistance to regulatory measures seen as threatening the country's digital asset ecosystem.

Read full article at coindesk →

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