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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)$89,296.00-3.82%
  • ethereumEthereum(ETH)$3,059.59-4.72%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.06-4.10%
  • binancecoinBNB(BNB)$882.17-2.97%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$133.64-6.72%
  • tronTRON(TRX)$0.2852270.67%
  • staked-etherLido Staked Ether(STETH)$3,063.39-4.27%
  • dogecoinDogecoin(DOGE)$0.140983-5.82%