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In an unexpected turn of events, the management team at mirror trading international (mti) now suggest that their ceo johann steynberg may have exit scammed. The commodity futures trading commission, cftc, classified bitcoin as a commodity in september 2015. Per irs, bitcoin is taxed as a property. Kraken, with higher trading volume and liquidity, helped brazilian investors to take bitcoin trading to the next level. The company was founded by four people that were interested in bringing bitcoin trading to the mainstream investors of brazil.

Brazil's central bank has twice outlined its regulatory position on bitcoin and other digital assets.

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