Brazil may allow Bitcoin Payments, NuBank, Gold Reserve, Crypto Tax in OPEC+ countries : OPEC Bitcoin

Recently, Brazil has given an application to OPEC+ countries which is hosted by Saudi Arabia, Austria, and Russia. Apart from this, Brazil has agreed to crypto holders and crypto-related companies in its country for crypto tax instead of local currency. So I believe that there are going to be major changes for other cryptos, BRICS, OPEC+, Bitcoin, and CBDC in Brazil. in which Brazil can get a lot of revenue, tax, and economic, progress from Bitcoin, BRICS, and Global Crude Oil Supply. Well, there are two very friendly countries within OPEC, which are considered very important for Brazil and BRICS countries like Saudi Arabia and Russia. In such a situation, it is believed that NuBank, which is considered to be another top bank in Brazil and South America, is to provide Brazil’s other Crypto Taxes, Regulations, and Digital payments solutions. Ever since Brazil’s interests were seen within BRICS and OPEC+, and untill today Brazil has been seen standing against US and Europe and USD.

JUST IN:

Brazillians to start paying 15% tax on crypto

— WhaleFUD (@WhaleFUD) December 1, 2023

Brazil to join OPEC+ countries to regulate Crypto, Digital CBDC, or Bitcoin payments for global Payments, Tax, and International solutions. If Brazil will join OPEC+ then it would help the Middle East, Russia, and Africa to boost, economies, Defense, and Digital Regulations with South American countries.

Brazil set to join the influential OPEC+ oil producers' alliance https://t.co/39UOMnqxfi

— CNBC (@CNBC) November 30, 2023

Why Brazil to adopt Bitcoin in 2024, Crypto Tax, IMF Loans, Brazilian Real Currency, Gold Backed Bitcoin Reserve?

Recently, news is still spreading rapidly in South America which is about the Digital & Bitcoin Adoption of Brazil that digital currency will be launched in 2024 through Drex and Central Bank. Brazil’s application to the US has already been passed by the IMF, and it may just take 2024 for Brazil to see widespread adoption of digital assets. The IMF has praised Brazil’s digital real, which could benefit from blockchain technology and compete with privately issued stablecoins. Like the SEC in the US, perhaps the Brazilian government can also take action on many unregistered Crypto Exchanges, Decentralized StableCoins. and many projects, but if Brazil has good relations with NuBank and any crypto exchanges, then perhaps Brazil will allow 75% Crypto Exchanges can be registered. Because in South America, after El-Salvador, SEC, IMF or World Bank can challenge Brazil but Brazil still has USD reserve so the adoption of Bitcoin may take some time. And if any deal between The US and Brazil gives a positive signal regarding Crypto, Bitcoin, and Digital Tax then maybe Brazil can shift its business with BRICS, OPEC+, and EU to Bitcoin, CBD, and Crypto-related technology.