VENEZUELA TAX PARADISE.
The current situation in Venezuela is a secret to no one, but what is little talked about is the regulations with cryptocurrencies.
Since they are almost non-existent, you can literally have 1 million USDT in your Binance account without needing to be accountable to anyone.
No taxes for having cryptocurrencies in your possession.
(This does not include cryptocurrency mining, as it is a slightly larger topic)
Binance is the most used exchange in Venezuela, so much so that you can buy a car or a property worth thousands of dollars without having to make a bank transfer or cash.
Only with Binance Pay is it possible, which is why some hackers have chosen to transfer their embezzled funds to accounts in Venezuela.
