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How Bitfinex’s Tax Requirement May Have Contributed to the Bitcoin Price Correction

On May 17, one of the world’s largest cryptocurrency and bitcoin exchange Bitfinex officially asked its users to submit tax IDs and social security numbers that could be utilized by government agencies in the countries its users are based into tax gains recorded in the cryptocurrency market. “We request that you complete the appropriate self-certification.”

The post How Bitfinex’s Tax Requirement May Have Contributed to the Bitcoin Price Correction appeared first on CCN

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