Notable news in the last 24 hours (03/12) BTC: 39,386 USD | ETH: 2,156 USD | Total market cap: 1,449 billion USD 1️⃣ Brazil announces tariffs for foreign exchanges. The Brazilian Senate adopts a maximum tax of 15% on cryptocurrency income from foreign exchanges. The regulations, if approved by President Luiz Inácio Lula da Silva, could come into force as early as January 1, 2024. It signifies an important shift in Brazil's approach to crypto taxation. This is in line with global trends in digital asset management. 2️⃣ The UK Tax Office takes its first steps in tax collection. The UK's tax collection agency has started a new voluntary disclosure process for those with unreported crypto profits. Voluntarily declared taxes are completely protected from possible future tax evasion charges. 3️⃣ The SEC faces the risk of being fined for cheating in a lawsuit against a crypto company. Recently, US Federal Judge Robert Shelby issued a warning and recommended imposing sanctions on Securities and Exchange Commission (SEC) lawyers. The reason for this stems from the SEC's fraudulent claims in its lawsuit against DEBT Box, the well-known cryptocurrency company. In this lawsuit, the SEC has accused DEBT Box of defrauding investors of up to $50 million through the sale of unregistered securities, known as "node licenses." 4️⃣ Ukraine seizes $1.5 million in cryptocurrency from a former official. Ukraine's anti-corruption agency, NABU, announced on Thursday the seizure of $1.5 million worth of crypto assets from Yury Shchigol, who served as head of Ukraine's Special Communications Department. NABU revealed that Shchigol and his deputy, Victor Zhor, were involved in a criminal conspiracy involving the Special Communications Bureau. They purchased software and services from the two companies and paid an amount larger than their actual value.