Brazil’s Tax Authority Cracks Down on Unreported Bitcoin Holdings

The Brazilian Federal Revenue Service identifies over 25,000 individuals with undeclared bitcoins, leveraging advanced technologies to enforce tax compliance in the cryptocurrency sector, signaling increased scrutiny and regulatory measures for crypto investors. (Read More) ​ 

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore’s AI fintech sector saw a 77% increase in funding. (Read More) ​