Bitfinex users must submit tax information

4

The exchange house Bitfinex has confirmed this Thursday the sending of a communication via email to several of its users, in which they were requested the information of tax returns corresponding to their territory of residence. Whalepool’s twitter account was one of those that shared the image with the message issued by the exchange house. The email explains to the user that Bitfinex must comply with regulations of the British Virgin Islands, where their offices are located, as well as with the Foreign Tax Compliance Act of the U.S (FATCA) and with the Common Reporting Standard of the Organization for Economic Cooperation and Development (CRS). For this reason, the demonstration of tax reports of certain clients of the change house , to be sent to the government of the British Virgin Islands (BVI). According to the message, the BVI government could share, if necessary, the tax information of the clients of the BVI. Bitfinex . The tweet with the image of the e-mail was accompanied by a complaint message from the owner of the account, where users in disagreement with the measure were encouraged to close their accounts on the platform in protest.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.