Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out…

Bitcoin.com | Feb 15, 2020 at 3:30 AM
  • Tax 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.
  • Both aim to establish general rules for the cryptocurrency market with particular focus on implementing regulations for digital asset brokers and investor protection measures.