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In one year, the value of the asset dropped by 97%

Earlier, bitcoin fund IBIT also started trading on the platform

Customers of Mercado Pago’s subsidiary bank will be able to buy and sell the asset without fees

The country’s tax on crypto income has been set at 15% since the beginning of the year

Investments will be directed to projects in the field of tokenization and AI

Earlier, the Kenyan authorities recommended suspending the project’s activities at the local level

In question is income earned on foreign platforms

Officials are interested in possible links between the exchange and financial pyramids

The new instrument will allow investors to “dollarize” their portfolios

The relevant law was signed by the country’s President Jair Bolsonaro

According to the company’s CTO, this initiative will make major changes in the country’s economy

The bank representatives said that the coin will be available in the first half of 2023