Our valued sponsor

Sword and Shield
Unique Payment

V*let.com dac8?

A

abc123

New member
Nov 13, 2019
39
14
13
48
#1
Is v*let.com under dac8 in 2026?
Website goes under
Q*ueensla*nd Foreign Exchange Inc.
Inc*rporation number 100*433476, 36 Tor*nto Street, Suite 850, Toronto, Ontario, Canada, M5C 2C5

Second February Limitada
registered No. 3-102-918*773, crypto service provider, the Republic of Costa Rica

And their Visa card using BIN checker shows below
Issuing Bank BANQUE LAURENTIENNE DU CANADA
Card Brand VISA
Card Type DEBIT
Card Level CLASSIC
CANADA


What do you think, should I close mine down before 2026? or are these still good to go?
 
#2
May I ask why you’ve chosen to word this post in this particular way?
 
  • Like
Reactions: Marie Manila and wellington
#4
avalanche said:
probably he's hoping to keep this thread under the radar of google search (probably will fail)
Click to expand...

offtopic;
yes exactly that was my intention ange¤%& it works for other forum platforms that gets indexed.
* = o for the ones who didn't know.

Back to topic;
Hoping to get answers related to my concerns here
 
#5
DAC8 does not depend on the jurisdiction in which the site is located; DAC8 will apply to all sites offering crypto-related services (exchanges, crypto cards, DEX swaps). All sites and services providing their services to European residents will have to comply with DAC8, so yes, V-let is included, like all others. They will have several options: block registration for Europeans, comply with DAC8 and transmit information about European residents, or operate illegally and face fines (2 million euros per year). In any case, this won’t last long with the implementation of CARF.

DAC8 and CARF are Pandora's boxes that no one seems to care about currently; they are the crypto equivalent of CRS/FATCA. It's a new era in crypto where things will become increasingly difficult. Hopefully, DEXs will develop, but they will have to operate illegally, which will encourage exit scams.
 
  • Like
Reactions: abc123 and wellington
You must log in or register to reply here.

Forum Announcement

Latest Threads

Top Bottom
Back