Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors

The Brazilian lawmaker Eros Biondini has created a draft bill that proposes doing away with crypto tax, particularly in the case of citizens who hold Bitcoin (BTC) as a long-term store of value. The MP has filed his bill in the Chamber of Deputies, the Portuguese-language media outlet Livecoins reported. source: https://cryptonews.com/news/brazilian-lawmaker-proposes-scrapping-crypto-tax-for-long-term-investors/