<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNjBhZTUwNjQ2NmMyNGFhOWU1MDRlYWRhM2U4ZDY2NS5qcGc=.jpg" alt="Brazil’s 17.5% crypto tax: How the new rules hurt small investors most"></p><p>Brazil’s new 17.5% flat crypto tax replaces previous exemptions and now applies to all digital asset gains.</p>