Thailand Intends to Tax Foreign Income Including Crypto
The Revenue Department of Thailand intends to impose a personal income tax on the foreign earnings, including those from cryptocurrency trading, of anyone residing in Thailand for more than 180 days. According to a September 19 Bangkok Post report, the new rule will take effect on January 1, 2024, and the first tax forms, including […]
A Complete Overview of Cryptocurrency Cloud Mining Platform – TopHash
Cryptocurrency has ignited a revolution in the world of finance, offering a plethora of exciting prospects for economic growth and investment. Among all the diverse opportunities it offers, one thing that stands out as a straightforward and convenient option for everyone is cloud mining. It is great for seasoned investors as well as for the […]
Taiwan, El Salvador Partner to Enhance Crypto Regulation
Reports from Wu Blockchain suggest the Taiwan Cryptocurrency Association is partnering with El Salvador’s authorities to advocate for a Virtual Assets Bureau to enhance its crypto regulations. At a recent public hearing convened by Taiwanese lawmaker Kuo Kuo-wen on “Virtual Asset Supervision,” the cryptocurrency industry dominated the discussion. The prospective establishment of a “Financial Technology […]
NYDFS Proposes Framework for Crypto Listings, Delistings
The New York State Department of Financial Services (NYDFS) will propose a framework to enhance the transparency of crypto-related activities, such as listing and delisting. The Wall Street Journal reported on September 18 that the New York State Department of Financial Services (NYDFS) will introduce proposed guidance for evaluating a crypto offering before listing and […]
US Senators Support Elizabeth Warren’s Crypto Bill
Nine US Senators have publicly supported Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, which seeks to crack down on “crypto’s use in money laundering, drug trafficking, and sanctions evasion.” Democratic Party Senators Gary Peters, Dick Durbin, Tina Smith, Jeanne Shaheen, Bob Casey, Richard Blumenthal, Michael Bennet, and Catherine Cortez Masto, as well as independent […]