Venezuelan Authorities Clamp Down on Off-The-Books Crypto Pay Vendors

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Venezuelan Authorities Clamp Down on Off-The-Books Crypto Pay Vendors

Venezuelan tax agents on the prowl. Source: Twitter/@jdavidcabello
Customers spending foreign currency and cryptoassets in Venezuelan stores have been warned to demand invoices and receipts in fiat bolivars, with the nation’s tax authorities worried that crypto pay and payment in overseas fiats like the USD or euros could facilitate tax evasion.
Merchants across the country have increasingly  Read more »
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