Tax
South Korea: Bithumb under probe yet again over tax evasion
The South Korean National Tax Service believes that Bithumb may have been engaged in tax evasion, an offense punishable by...
UK’s new tax break on digital assets seeks to attract foreign investors
The Rishi Sunak government will implement a tax exemption for foreign investors who purchase digital assets through local investment brokers...
IRS delays implementation of reporting $600 threshold to ease taxpayers’ transition
Following an in-depth consultation, the IRS said it is pushing back the implementation of a new reporting threshold to the...
UK lists ‘cryptoassets’ under Investment Manager Exemption signaling ripple effect for funds
'Designated cryptoassets' in the United Kingdom are now qualified for Investment Manager Exemption, allowing foreign investors to evade strict tax...
Kazakhstan’s miners face stiffer regulations following new bill
The incoming legislation will require miners to buy electricity from the state-owned KOREM, which miners believe could impose unnecessary bureaucracies.
Japan plans to reduce tax burden for digital asset issuers
Currently, Japan imposes a 30% tax on digital asset service providers holding unrealized gains from their assets—a move widely criticized...
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