New income tax rules approved by the Brazilian Senate may require Brazilians to pay up to a 15% tax on income from cryptocurrencies held on foreign exchanges. The bill, having already passed in the Chamber of Deputies, is anticipated to be approved by President Luiz Inácio Lula da Silva, who initiated the income tax rule The post Brazil To Soon Introduce Tax on Crypto Profits, Will This Impact Adoption? appeared first on CoinGape .