No Exchange shutdown, No Illegal activities allowed on Exchanges
Tax on Exchange profit
Tax on Cryptocurrency capital gain
Real name verification
More than $10,000 daily, $20,000 weekly transaction will be reported to Govermement
Fiat deposit will only be available thru the same banks between the exchange and the investor. Withdrawal doesn’t matter.
The deposit should be the same as the exchange bank, but the withdrawal may be different depending on the name of the bank.
Government recognize that Blockchain and cryptocurrencies are inseparable.
Conclusion:
No exchange Shutdown. Monitoring of illegal acts on exchanges (Good news to investors)
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This seems to me perfect thing that have happened. With this news we might just see up surge of the bitcoin and other market. Thanks for sharing.
Finally good news. Let's hope the best now 😊
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