For the past 24 hours, the evaluation of the cryptocourance market is $ 390 to $ 373 billion, more than $ 17 billion. Bitcoin prices drown below $ 8,300 and the price of Ether, the original cryptocurrence of atherium network, decreases to $ 690.
Cryptocurrency is the main factor behind the market slowdown
Recent improvements in the cryptoconce market and the short-term collapse of Bitcoin, Atrem, and other major cryptocovers and tokens are mainly due to three main factors: the BitFinene Exchange Policy, the closure of the primary capital of the two South Korean big cryptosurgency companies, Capital UPBIT and Bithub, and Matt's primary sale. G2C Trustee's Bitcoin Fund
As reported by CCN on 17 May, Bitfinex requested a part of their users to fake their tax ID and social security number. Bitfinix is a company that is headquartered in the British Virgin Islands, another office in Taiwan. Bribery has no policy to invest in cryptoconceurs, and its optimal control attracts most of the big business in the cryptocurrenance sector as BTTFInix and large-scale primary currency issuance (ICO).
However, the pressure of governments like the main economy and the United States can have a negative impact on the British Virgin Islands if the United States directly connects with BVIIs that investors in the US avoid using Bitfinix to buy and sell cryptokurwics. Taxes
The BitFinix team said last week:
"The BVI government may exchange information with the Government of the British Virgin Islands Act, the Foreign Account Tax Compiler Act of Facta and the tax authority of the customer's country in line with the Economic Cooperation and Development Organization." The General Reporting Standard (CRS). "
Chief Cryptocrazzaman's trading groups have publicly disclosed that it will stop the use of bitfinix until it changes the taxation policy and encourage others to do the same.@ausharya