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Create Content for HTX and Win a Share of 1000U!OPN: Omnichain Prediction MarketBTW: Bitcoin-Native L1 Brazil industry giants representing 850 companies decry stablecoin tax threat Brazil’s leading cr

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Brazil industry giants representing 850 companies decry stablecoin tax threat

Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing law.

In a joint statement shared with CoinDesk, industry associations ABcripto, ABFintechs, Abracam, ABToken and Zetta said recent discussions about extending a tax on financial operations (locally known as Imposto sobre Operações Financeiras, or IOF) to stablecoin transactions raise legal and economic concerns.

The organizations represent more than 850 companies across Brazil’s financial technology, virtual asset and market infrastructure sectors, the statement reads.

The debate centers on a levy applied to certain financial transactions, including foreign exchange operations. According to the associations, applying the tax to stablecoin transactions would conflict with Brazil’s current legal framework and harm the country’s crypto industry.

They argue that the Constitution defines the IOF as applying only to the settlement of currency exchange transactions involving the delivery of national or foreign fiat currency. Stablecoins, they said, do not meet that definition.

Brazil’s Virtual Assets Law, enacted as Law No. 14,478 in 2022, explicitly states that virtual assets are not considered national or foreign fiat currency, the statement says. The industry groups say this distinction means stablecoins cannot legally be treated as instruments representing foreign currency under the IOF rules.

As a result, the organizations say any attempt to extend the tax through a decree or an administrative rule would be unlawful. Under Brazil’s constitutional framework, new taxes or expanded tax triggers must be approved through the legislative process.

Brazil industry giants representing 850 companies

Create Content for HTX and Win a Share of 1000U!OPN: Omnichain Prediction MarketCardano Expands Its Blockchain Ecosystem with New Development Initiatives Cardano continues to strengthen its position i

Cardano Expands Its Blockchain Ecosystem with New Development Initiatives
Cardano continues to strengthen its position in the blockchain industry through ongoing technological development and ecosystem expansion. Known for its research-driven approach, Cardano focuses on building a secure, scalable, and sustainable blockchain platform.
The Cardano network is designed to support decentralized applications, smart contracts, and digital identity solutions. Developers are actively building projects within the ecosystem, ranging from decentralized finance platforms to blockchain-based supply chain solutions.
Analysts often highlight Cardano’s strong academic foundation and peer-reviewed development process as key advantages. This approach ensures that upgrades and technological improvements are thoroughly tested before being implemented on the network.
As blockchain adoption continues to expand globally, Cardano’s focus on scalability and long-term sustainability positions it as one of the most promising Layer-1 blockchain platforms. Investors and developers continue monitoring ADA’s ecosystem growth and technological progress.
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USOIL: Tokenized WTI Crude Oil

Claim1,200 USDT in the Monthly Creation ChallengeCreate Content for HTX and Win a Share of 1000U!Post To Earn BonusEarlier this year, Ripple resolved its multi-year dispute with the US Securities and 

Claim1,200 USDT in the Monthly Creation Challenge

Earlier this year, Ripple resolved its multi-year dispute with the US Securities and Exchange Commission (SEC) through a settlement following several favorable rulings.

At the same time, Ripple’s recent $500 million raise, strategic acquisitions of Palisade and Hidden Roads, and several partnerships are strengthening the company’s product suite and expanding its global presence.

Market analysts view these developments as supportive of the asset's long-term positioning because they build out the ecosystem that relies on the token.

Earlier this year, Ripple resolved its multi-year

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Michael Saylor and Eric Trump defended Bitcoin after criticism from former UK Prime Minister Boris Johnson. Johnson wrote in a column that Bitcoin and other cryptocurrencies resemble "a giant Ponzi sc

Michael Saylor and Eric Trump defended Bitcoin after criticism from former UK Prime Minister Boris Johnson. Johnson wrote in a column that Bitcoin and other cryptocurrencies resemble "a giant Ponzi scheme." He argued that the value of cryptocurrencies relies heavily on continuous demand from new investors entering markets. Johnson wrote, "I have always suspected from the outset that all cryptocurrencies were basically a Ponzi scheme."

Johnson explained that Ponzi schemes rely on a steady flow of new investors who believe future participants will push prices higher. He illustrated his concern using an example from his village involving someone who invested in Bitcoin. According to his account, the individual invested about £500 after hearing promises of rapid returns. The investor later struggled to recover funds and eventually lost nearly £20,000 after fees and complications.

Saylor and Eric Trump Push Back on Criticism

The advocates of Bitcoin were quick to respond to the comments made by defending the underlying technology of Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, dismissed the idea of Bitcoin being a Ponzi scheme. Instead, he emphasized the transparent monetary system underlying Bitcoin. Saylor has often described Bitcoin as a "decentralized digital asset with cryptographic verification mechanisms."

Eric Trump also defended Bitcoin while addressing the criticisms surrounding the cryptocurrency's long-term place in the global finance sector. In his rocnonco ho omphasized the incroneed aodontion

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Michael Saylor and Eric Trump defended Bitcoin aft

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What is a Layer-1 blockchain? Layer-1 is the foundation. Like the ground under a building. Bitcoin — Layer-1 Ethereum — Layer-1 LOGOS LRB — Layer-1 All tokens and apps are built on top. We don't build

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Create Content for HTX and Win a Share of 1000U!Claim1,200 USDT in the Monthly Creation ChallengeCheck In Weekly, Win Prizes Weekly — Join the Fun! WIF Trading Trends and Market Sentiment O Trading ac

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WIF Trading Trends and Market Sentiment O Trading activity for dogwifhat is influenced by market sentiment and community engagement. From crypto experience, meme coins often experience rapid rallies followed by consolidation phases.

Crypto gossip suggests that meme traders monitor trending hashtags and influencer mentions. Price analysis shows WIF can move sharply during market hype periods.

WIF Trading Trends and Market Sentiment O Trading

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Claim1,200 USDT in the Monthly Creation ChallengeCreate Content for HTX and Win a Share of 1000U!Post To Earn BonusIf the geopolitical risk persists, gold can still do the thing people expect over a l

If the geopolitical risk persists, gold can still do the thing people expect over a longer window. That is a different time horizon than the first hour of a de risk move.

Using the World Gold Council’s estimate of above-ground supply, the drop from roughly $5,602 an ounce to about $5,100 chopped gold’s implied market value from around $38 trillion to $36 trillion, a loss of roughly $2 trillion, which is on the same scale as the entire crypto market cap at about $3 trillion

If the geopolitical risk persists, gold can still

Create Content for HTX and Win a Share of 1000U!OPN: Omnichain Prediction MarketBTW: Bitcoin-Native L1 Solana Price Prediction: Bulls Test Key Resistance as Breakout Nears Solana is starting to show s

Solana Price Prediction: Bulls Test Key Resistance as Breakout Nears

Solana is starting to show stronger structure on both the daily and hourly charts, but it still has not cleared the resistance levels that would confirm a bigger breakout. While momentum is improving and support is building underneath, the next move will likely depend on whether buyers can finally push through overhead pressure.

Solana Forms Base Below $95 as Momentum Improves

Solana is showing early signs of strength on the daily chart as price holds near $89 and continues to print higher lows from the $78 level. This structure suggests the market is stabilizing after the previous decline. Each pullback since late February has stopped at a higher point, which indicates buyers are gradually stepping in.

At the same time, the 10 day exponential moving average has crossed above the 20 day EMA. This bullish crossover reflects improving short term momentum. Meanwhile, the relative strength index is also trending higher and moving toward the middle range, which supports the shift in market sentiment without entering overbought conditions.

However, the 50 day moving average near $95 remains the key resistance level. The indicator sits above the current price and continues to act as a technical barrier. For now, Solana appears to be forming a base below that zone as price compresses between rising support and overhead resistance.



Solana Price Prediction: Bulls Test Key Resistance

Claim1,200 USDT in the Monthly Creation ChallengeCreate Content for HTX and Win a Share of 1000U!Post To Earn BonusThe US open was the trigger point The timing matters. 09:30 EST is the US cash equity

The US open was the trigger point
The timing matters. 09:30 EST is the US cash equity open, the moment where liquidity thickens, and big flows can actually punch through levels.

That is also when a lot of systematic strategies start acting, and when discretionary desks finally have the volume to do what they have been thinking about all morning. If the market has been leaning one way, the open is where the lean gets tested.

The US open was the trigger point The timing matt

PUMP’s price at risk of 15% drop if THIS pattern breaks down – Details Create Content for HTX and Win a Share of 1000U!OPN: Omnichain Prediction MarketPredict BTC's Price & Win 480M $HTX for 30 Days P

PUMP’s price at risk of 15% drop if THIS pattern breaks down – Details




PUMP may be at risk of 15% drop after bearish pattern nears breakdown - Details

Thanks to the ongoing market uncertainty, the popular Solana-based memecoin launchpad Pump.Fun (PUMP) might be poised for a potential downside move. This, after the token surged by 30% over the past two weeks.

However, the altcoin’s next direction remains uncertain. Especially since at the time of writing, its price was sitting at the key make-or-break level of $0.00198.

PUMP fell by over 8.05% in the last 24 hours. Despite this recent bout of depreciation though, the crypto’s trading volume during this period surged by 13% to $124.03 million. This may be a sign of heightened market participation.

In fact, this might also mean that traders and investors are showing interest in the prevailing bearish trend.



PUMP’s price at risk of 15% drop if THIS pattern b

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Iranian media confirmed that the United States attacked military facilities on Hargh Island.

Cambridge study: The Bitcoin network could still function even if 72% of the world's undersea cables were cut, but an attack on the five major custodians could cripple them.

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