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RE: BitBase the cryptocurrency exchange arrives in Venezuela.
Hi @carlir In order to obtain taxes from these transactions, this year the Law on Large Financial Transactions appears, which regulates operations in foreign currency and
cryptocurrencies, with which the Venezuelan Government seeks to obtain taxes in hard currency and a way to maintain the exchange parity that It has been an achievement in the last 5 months.
In this way, the guest assured that such regulations have been a strategic decision for the Venezuelan State, achieving an escape valve before the economic regulations and sanctions imposed by the US Government.
Hi @aplausos, although this tax hits the final consumer, it is the way the state is using to increase the use of the digital bolivar, but I think that strategy has been annulled.