![Brazil’s tax dept to summon info from foreign crypto exchanges: Report Brazil’s tax dept to summon info from foreign crypto exchanges: Report](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvZDJiMTA3ZWQtZTQzYy00OGI5LWIwMDItZDExODUzNTdkNmIxLmpwZw==.jpg)
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax. Source link
![Argentina's Minister of Foreign Affairs Affirms Bitcoin Acceptance for Contract Agreements Argentina's Minister of Foreign Affairs Affirms Bitcoin Acceptance for Contract Agreements](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,fl_progressive,h_1200,q_auto:good,w_1200/MjAzMDcwNDM3NTc0MzIxNzMx/leonardo_diffusion_xl_argentina_and_bitcoin_up_close_0-2.jpg)
In a groundbreaking statement, Argentina’s Minister of Foreign Affairs, Diana Mondino, has confirmed the country’s stance on embracing Bitcoin for contractual agreements. Mondino’s declaration outlined the government’s willingness to accept and formalize contracts…
![Aussie federal budget reaffirms BTC won’t be treated as foreign currency Aussie federal budget reaffirms BTC won’t be treated as foreign currency](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvM2ZlNGVkM2YtMTAyZS00YjY2LWIyZTYtZjk4YzlkMjAxZjViLmpwZw==.jpg)
The first federal budget under the Anthony Albanese led-government has outlined that Bitcoin (BTC) will continue to be treated as a digital asset, and not taxed like a foreign currency. This clarification comes…
![Australian Treasury consults public on Bitcoin foreign currency tax exclusion Australian Treasury consults public on Bitcoin foreign currency tax exclusion](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvOWIxZTYyODMtYzE1ZC00YzU0LTk0YTAtNTFlOTJmNmE3OWM2LmpwZw==.jpg)
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed. In a press release, Assistant…