Bookmarking Crypto Insights
Auto Added by WPeMatico
August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others … Read more
Chinese state-owned Aerospace Science and Industry Corporation Ltd. is using blockchain to transform its system for managing billions of electronic invoices nationwide Go to Source Powered by WPeMatico
The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities Go to Source Powered by WPeMatico
A new survey has suggested Russians have a “healthy skepticism” towards cryptocurrency, despite almost half of respondents having heard of the cryptocurrency Go to Source Powered by WPeMatico
Nobel Prize winning economist thinks that the crypto markets could easily “collapse,” Kim Kardashian gets in Bitcoin with some light gambling–check out this week’s Hodler’s Digest Go to Source Powered by WPeMatico
Cryptolinc Co. Ltd, which develops and provides cryptocurrency management and calculation systems, and Miroku Information Service Co. Ltd, a financial and accounting system management and information service, have jointly created a crypto corporate accounting tool for corporate cryptocurrency accounting. Also Read: Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare Tax Cryptolinc … Read more
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies. Also read: Yahoo! Japan Confirms … Read more
Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. According to regional … Read more
In Russia, no separate taxation rates will be applied to the mining and circulation of cryptocurrencies Go to Source Powered by WPeMatico
Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unified approach towards regulating the crypto … Read more
