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tax

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
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22 February, 2024

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge

The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027...
Thailand removes VAT on digital currency trading: report
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13 February, 2024

Thailand removes VAT on digital currency trading: report

The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers and brokers...
India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’
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1 February, 2024

India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’

Nirmala Sitharaman remained silent on requests to lower taxes as she presented the Budget 2024-25 on February 1, while India's...
India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget
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11 January, 2024

India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget

India's budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual digital assets...
IRS mandates increased personal information for digital asset transactions under new rules
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4 January, 2024

IRS mandates increased personal information for digital asset transactions under new rules

Many brokers are expected to have difficulty complying with the IRS' new tax rules, which took effect on January 1,...
From ban to regulations, India’s digital asset-blockchain story has come a long way
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29 December, 2023

From ban to regulations, India’s digital asset-blockchain story has come a long way

With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward safeguarding the...
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