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tax

Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
India’s budget boosts startup, e-commerce ecosystem; silent on digital assets
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24 July, 2024

India’s budget boosts startup, e-commerce ecosystem; silent on digital assets

India's finance minister abolished the 'angel tax' but remained silent on requests from the digital asset industry to lower taxation...
Philippine SONA 2024: Ferdinand Marcos Jr. says country embraces AI, digitalization
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23 July, 2024

Philippine SONA 2024: Ferdinand Marcos Jr. says country embraces AI, digitalization

President Ferdinand Marcos Jr. highlighted some initiatives and legislative measures that have paved the way for investments and job creation,...
South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
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19 July, 2024

South Korea’s ruling party wants to postpone 20% digital asset tax to 2028

Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People...
Nigeria demands VASPs have local offices, CEO
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9 July, 2024

Nigeria demands VASPs have local offices, CEO

Nigeria’s SEC has given VASPs 30 days to register, and among the requirements is for the CEO or managing director...
Africa can use blockchain, AI to curb illicit finance: Nigeria’s anti-graft chief
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5 July, 2024

Africa can use blockchain, AI to curb illicit finance: Nigeria’s anti-graft chief

The EFCC chair noted that Africa loses $89 billion annually to illicit finance and that AI, data analytics, and blockchain...
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