South America's crypto industry is迎来 a significant game of taxation on stablecoins. Industry associations recently明确反对 including the Financial Transaction Tax (IOF) in the scope of stablecoin transactions. The new leadership's attitude is very firm—if regulators push this policy through行政命令, the association will毫不犹豫地启动 judicial procedures to oppose it.
What is the core consideration behind this? The association believes there are principled issues with applying IOF to stablecoins. The essence of stablecoins is as a store of value and a medium of exchange, not an investment product. According to current logic, levying a financial transaction tax on them is essentially a disguised suppression of digital assets' application in payment scenarios. Such policy orientation could not only weaken the market vitality of stablecoins but also impact the healthy development of the entire crypto ecosystem.
From the industry organization's stance, this is not just a simple tax dispute but an important issue concerning the compliance status and market space of stablecoins.
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TokenTherapist
· 01-17 03:49
South America is about to play the tax game again. The association is being firm and directly saying they will go to court. I give full marks for this attitude.
Stablecoins are just a payment tool. Why should they be taxed as investment products? That logic is indeed hilarious.
This round is truly a battle that concerns the survival of the ecosystem, not a small skirmish.
It's quite rare in the South American crypto scene for the association to dare to say no to regulatory authorities.
The IOF system was originally a trap, and now they want to apply it to stablecoins. Are they trying to completely kill payment applications?
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NftDeepBreather
· 01-17 02:36
Strong support! Once regulators target stablecoins, the payment ecosystem is finished.
Oh my, they want to mess with our money again... The association should stand firm.
Stablecoins are about to be taxed to death, is this forcing us back to fiat currency?
Let’s fight it out and see how South America handles the regulatory authorities this time.
Exactly, stablecoins are a payment tool, not a financial product. Forcibly taxing them is just bullying.
We really need to fight this wave; if we lose, the entire ecosystem will suffer.
Don’t let regulators kill stablecoins; this is the lifeline of our daily transactions.
Interesting, South America surprisingly has the backbone to resist here.
Transaction taxes—once they open that door, it’s over.
It’s not just about taxes; it’s about the survival of the ecosystem... The association has understood the point.
Legal warfare is officially underway? Waiting for the outcome.
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OnChainDetective
· 01-15 14:33
Wait a moment, I need to analyze the fund flow behind this... South America suddenly imposing IOF, could it be that some big whales are trying to escape and are preemptively creating public opinion? What do on-chain data say?
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FOMOSapien
· 01-14 04:55
South America's association is really tough, directly threatening to go to court. I like this attitude.
If stablecoins are treated as investment products and taxed arbitrarily, the payment scene will be gone. This is indeed more than just a money issue.
If the IOF thing really spreads out, the entire South American ecosystem will shake... The regulatory game is played a bit aggressively.
The government still doesn't understand that stablecoins are just a payment tool, but insists on categorizing them as investment products.
I bet the association can win with this approach; they can't stand on political correctness.
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GateUser-9ad11037
· 01-14 04:51
If IOF really comes down in South America, stablecoins will be doomed
Regulators are starting to cause trouble again... The association should stand firm
Let's wait and see how the judicial battle unfolds
Taxing payment tools as investments? That's illogical
If we lose this round, the entire ecosystem will suffer
The association can't back down this time; we must hold our ground
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FreeMinter
· 01-14 04:48
Is this another tax scheme? They really treat stablecoins as investment assets; their regulators must be pretty clueless.
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I support the association's firm stance; we can't let things like IOF be casually imposed.
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Finally, someone in South America is speaking the truth: stablecoins are just payment tools. Why should they be taxed as financial transactions?
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Alright, it looks like there will be lawsuits again. It's so hard to follow rules these days.
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Let’s fight it out; it’s not the first time anyway.
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Exactly, this is a disguised suppression of payment application scenarios. That move is really damaging.
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The question is, do they really dare to challenge judicial procedures, or is it just bravado?
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Stablecoin trading liquidity depends on this; adding taxes would kill it instantly.
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It seems this time the association might win; their logic is solid.
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MetaverseLandlady
· 01-14 04:44
Haha, South America is about to cause trouble again. Is IOF targeting stablecoins? Isn't this just trying to treat payment tools as investment products to exploit the system?
The association's stance is firm this time. If they really want to take legal action, it depends on how much the regulators want the money.
If stablecoins are taxed arbitrarily like this, users will just run away, and there's no talk of ecosystem development anymore.
This round is a defensive move by the industry. Thumbs up!
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Stablecoin transaction tax? That's a joke. They are trying to stifle payment application scenarios.
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Here we go again. Whenever taxes are imposed, the market stagnates. South America's regulatory approach really...
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Wait, does the association dare to initiate legal procedures? This matter isn't that simple.
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Basically, they want to collect taxes from the crypto market but don't even understand what stablecoins are.
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FUD_Vaccinated
· 01-14 04:44
Haha, South America is going to play hard again? The association really dares to challenge, I think the government is also testing the bottom line.
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StableBoi
· 01-14 04:35
Is South America also starting to play the tax game? Moving directly to judicial procedures, it seems they are really getting anxious.
If stablecoins are taxed as investment products, the payment scene will be truly over.
The IOF move is indeed a bit harsh; it depends on how the subsequent negotiations unfold.
If the association dares to confront head-on, it indicates that the issue is quite serious.
With their compliant status at risk, can they not fight back?
South America's crypto industry is迎来 a significant game of taxation on stablecoins. Industry associations recently明确反对 including the Financial Transaction Tax (IOF) in the scope of stablecoin transactions. The new leadership's attitude is very firm—if regulators push this policy through行政命令, the association will毫不犹豫地启动 judicial procedures to oppose it.
What is the core consideration behind this? The association believes there are principled issues with applying IOF to stablecoins. The essence of stablecoins is as a store of value and a medium of exchange, not an investment product. According to current logic, levying a financial transaction tax on them is essentially a disguised suppression of digital assets' application in payment scenarios. Such policy orientation could not only weaken the market vitality of stablecoins but also impact the healthy development of the entire crypto ecosystem.
From the industry organization's stance, this is not just a simple tax dispute but an important issue concerning the compliance status and market space of stablecoins.