Satoshi Nakamoto Blog
Image default
Interesting NEWS

VENEZUELA REGULATOR HAS RESTRICTED THE AMOUNT OF CRYPTOCURRENCY TRANSFERS AND INTRODUCED COMMISSIONS


The national regulator of cryptocurrencies and related activities (Sunacrip) of Venezuela has published a new decree number 41.581, which establishes the Commission for conducting cryptocurrency transfers.

The decree describes “the requirements and procedures for making transfers and accepting transactions in cryptocurrencies for citizens in the territory of the Bolivarian Republic of Venezuela”.

“The person making the transfer must pay a Commission that can reach 15% of the transfer. The exact Commission is calculated depending on the volume of the transaction, but it cannot be less than $0.28,” the document says.

Sunacrip also sets limits on transfers. Citizens can send $600 every month, and if necessary to increase the limit they can apply to the regulator and, after obtaining approval, will be able to send amounts up to $3000.

Earlier, the Venezuelan government published a decree obliging taxpayers working with virtual currencies in the country to pay taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay taxes in the currencies with which they work.

Note that in early February, a “constitutional decree on the integrated system of crypto assets” was issued. Against this background, Venezuela has set a new record for Bitcoin trading volume.



Source link

Related posts

First look at Tesla’s Software V9 release to early access Model 3 owners

satoshi

Q2 Holdings Launches Q2 TrustView, the First Data Governance and Protection Technology of Its Kind for Banking and Lending

satoshi

can reverse head and shoulder save Bitcoin? |

satoshi

Jesse Lund: Bitcoin will Hit $1 Million

satoshi

Tether still the favored base pair, even though BTC-USDT trading falls by over 6%

satoshi

Bitcoin Worth May Fall Beneath $6,000 if it Fails to Keep Present Help Degree

satoshi