Quote from: mpufatzis on January 24, 2018, 08:17:26 AM

Back in the game? Paying 24.2% taxes? I don't think so.
With so high taxation (I suppose it was much lower) I think the exchanges will move to other tax-friendly countries to avoid it.
At the end, all the taxes are paid by the customers. Bithub would increase the fees due to the higher taxation and the people would move to other crypto exchanges because of this increase.
What remains is to find out what will happen to the 200000 signature petition.

Agreed. That high level of taxation is hilarious. I bet they did it just to turn all using of exchanges not profitable. Now they can say "crypto currency is legal here" but in real nobody would use that opportunity.

Kothar

Posts

Merits