Tag: tax rules

A New Bitcoin World

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Out of Business

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of BusinessTax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Also read: Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep […]

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February 15, 2020 0

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

Why Portugal’s Tax-Free Crypto Trading Matters for BitcoinCryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd […]

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September 3, 2019 0