Brazilian Tax Authority Uses AI to Uncover $180M Crypto Tax Fraud
Brazilian Tax Authority has developed an AI-powered tool to detect illicit crypto transactions, enhancing tax data analysis. Brazil’s Tax Watchdog Employs Artificial Intelligence to Identify Cryptocurrency Crimes Government agencies are progressively integrating artificial intelligence (AI)-based tools to simplify their operations. The Brazilian tax watchdog, the Federal Revenue Service, has recently reported on the implementation of […]
Trading in BTC and ETH begins at giant Brazilian brokerage firm
Following MercadoLibre and Nubank, XP Inc. is the most recent member of the Brazilian fintech industry to provide services for trading cryptocurrencies. A potential 3.6 million customers will now have access to the cryptocurrency markets thanks to Brazilian brokerage firm XP Inc.’s formal launch of its crypto trading platform “XTAGE” there. The Nasdaq Exchange Twitter […]