xiiii, there's a group there that is going to get in serious trouble. I know it's annoying, but it's better to follow the laws than to have a headache later, because when the bill comes, it comes big you know

New regulatory scenario for cryptocurrencies in Brazil
In recent months, the Central Bank and the Federal Revenue Service have promoted profound changes that represent the largest regulatory adjustment since the creation of the Crypto Assets Law. The country has begun to require identification of digital wallets, classified operations with stablecoins and international remittances as currency exchange, expanded tax reporting obligations, and aligned its regulations with the global CARF/OECD standard.
The immediate effect is a stricter, more transparent environment with less room for informal practices. This raises a red flag: many investors have never declared their digital assets, others have only operated in foreign exchanges believing they were outside the reach of the tax authorities, and there are still those who have always traded via P2P without any record. Now, all these profiles are on the radar of the authorities and need to adapt.