According to the Official Gazette of Venezuela, both the purchase/sale of digital assets and the payments with said assets are exempt from the Tax on primary financial operations. However, various situations apply depending on the nature...
The guide establishes the conditions that
people in Chile, Colombia, Peru, and Argentina must comply with. In Argentina,
cryptocurrency tax laws are still under development.
The Latin American exchange Buda.com recently published
on its blog a...
The Chinese government will use digital Yuan in a subsidy scheme for public sector workers. The credit of this Asian country will support this digital asset.
The People’s Bank of China responded...
Authorities will allow tax-free crypto
mining if they determine that the action is only performed in a non-profit manner.
In new update of the tax guide in Singapore, the authorities
revealed new considerations on some...
Foxbit records a 40% drop in revenue due
to the coronavirus pandemic. Some entities in Brazil do not yet consider the
coronavirus to be a public calamity.
The government of Brazil refuses to accept the...
The Investigation Committee expects the
country's legislators to take into account the suggestion it proposes. The idea
is to modify the law and make it able to confiscate cryptocurrencies
Some regulatory entities in Belarus hope...
Taxes on income stemming from the sale of
cryptocurrencies vary, depending on whether they are local or foreign. Since
October 2019, exchanges have had to report the transactions by their
affiliates.
The incorporation of cryptocurrency taxation...
Establishing a regulatory
framework that goes in concordance with each country's situation and reality
remains one of the most important challenges for lawmakers and the crypto
community in general. The latest nation state to provide an update on the matter
is...
The Bermuda government announced that
public services may be paid, among other things, with the stablecoin USD Coin.
In recent statements issued by the Bermuda government,
it was known that taxes in that country can...
The company's most disruptive project
allows employees to be rewarded with tokens. Blockchain Activation is considered
as one of Telefónica’s most ambitious projects.
With the idea of participating in the construction
of the networks of the...