Ripple expands in Brazil as Coinbase pushes back on stablecoin tax
- —Ripple is expanding its blockchain presence in Brazil
- —Coinbase urged Brazil not to impose IOF tax on stablecoins
- —Coinbase wants stablecoins to keep crypto-asset status
Why it matters: The outcome will shape the tax burden on stablecoin transactions in Brazil, one of the region's largest markets.
Source: Google News (crypto query)