Asia In Brief Although Chinese smartwatch shipments declined in 2022, Huawei, Apple and Oppo saw growth. Meanwhile Huawei's smartwatch designed for parents to keep...

The collapse of the cryptocurrency exchange FTX will go down as one of the darkest moments in crypto’s history. The company experienced severe...

Temasek’s US$275 million investment in now-bankrupt crypto exchange FTX has not only caused financial loss but also reputational damage to the Singapore’s state-owned investor...

Singapore government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister...

As reported by The Business Times, Singapore Finance Minister Lawrence Wong announced on March 11 that NFT owners in Singapore will start paying taxes on their investments. Income tax treatment will be determined based on the nature and use cases of the NFT. The announcement comes on the heels of recent tax measures that many [...]

The post NFT Taxation Comes to Singapore appeared first on Blockonomi.

Singapore Finance Minister Lawrence Wong announced that the country’s income tax rule also extends to income from all forms of non-fungible token (NFT) transactions. It [...]

In Asia, Singapore extends tax charging on NFT transactions, local media reports. (Read More)