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UAE reduces tax burden; IMF seeks high taxes for BTC miners

Business

Steve Kaaru

9 October, 2024

UAE reduces tax burden; IMF seeks high taxes for BTC miners

The new exemptions in the UAE will take effect in November but will be applied retrospectively from January 2018 as...

Philippines to impose 12% VAT on foreign digital services

Business

Jun Bolivar

2 October, 2024

Philippines to impose 12% VAT on foreign digital services

Philippine President Ferdinand "Bongbong" Marcos Jr. has officially signed Republic Act 112023, mandating a 12% VAT on digital services provided...

Michael Saylor is a BTC crack addict, Coinbase prefers proxy BTC

Business

Steven Stradbrooke

17 September, 2024

Michael Saylor is a BTC crack addict, Coinbase prefers proxy BTC

MicroStrategy recently announced that it had acquired 18,300 BTC tokens between August 6 and September 12, bringing the company’s total...

Japan implements tax reform; eyes Web3 growth

Business

Wahid Pessarlay

3 September, 2024

Japan implements tax reform; eyes Web3 growth

Japan's Ministry of Economy, Trade and Industry is pushing for a new tax policy for digital asset firms in the...

New Zealand to enforce OECD tax reporting frameworks by 2026

Business

James Field

2 September, 2024

New Zealand to enforce OECD tax reporting frameworks by 2026

With the new policy, New Zealand-based digital asset service providers must collect information on users' digital asset transactions starting April...

Nigeria’s SEC to issue first VASP license this month: report

Business

Steve Kaaru

22 August, 2024

Nigeria’s SEC to issue first VASP license this month: report

SEC Chair Emomotimi Agama says that he is committed to “supporting the youth” by regulating a digital asset space whose...

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Steve Kaaru

21 Nov 2024

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