Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
Coinnounce 2020-02-15 07:11:49

Tax regulations in Brazil force crypto exchanges to shut down

Two major crypto exchanges in Brazil, Latoex have confirmed to shut down their business after the implementation of new tax rules in the country. Crypto exchange Acesso Bitcoin, headquartered in Porto Alegre, advised clients to withdraw their funds from the exchange.   Crypto exchanges are unable to meet the tax authority’s new requirements. Crypto exchanges […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer