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Philippine regulator tells Axie Infinity players they must pay tax on income from game

August 25, 2021 by DIGIT
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The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency.

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Categories Axie Infinity, Philippines, play to earn, SLP
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  • bitcoinBitcoin(BTC)$68,030.00-1.23%
  • ethereumEthereum(ETH)$1,970.62-0.71%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.46-2.30%
  • binancecoinBNB(BNB)$618.730.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.73-0.19%
  • tronTRON(TRX)$0.2818990.55%
  • dogecoinDogecoin(DOGE)$0.099234-3.39%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%