Brazil Bans buying cryptocurrencies
Really bad time for Brazil's People as they got banned from buying cryptocurrency from Fiat at the moment when it's perfect time to jump into cryptospace.
- Brazil's securities regulator prohibited local investment fund from buying cryptocurrencies cryptocurrency.
- Brazil regulator band fund from buying cryptocurrencies the Prohibitation has been imposed, setting the reason that cryptocurrencies cannot be considered as financial asset.
- Owing to this description Brazilian funds cannot directly invest in cryptocurrency.
This is all for now, Thankyou guys for your visit. Feel free to post your comments.
Have a nice day, till next time see ya.... @singhrajat ☺
Can they really be banned though?
Just use a foreign exchange or BarterDex by Komodo.
Followed.
Fellow steemians, here in Greece also there are many people that when they hear the word cryptocurrency their mind goes to criminal activity. Most of them are asking me if this is illegal and if you should go on the darknet to buy this sort of 'air', cause most of them feel that the whole thing is a freakin' scumm made by the wealthy capitalists to exploit more the poor people of this world...
I believe this is not actually the case, instead I kind of mis-information only stop them using this great opportunity
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