The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and...

The Japanese government greenlighted a bill to exempt local cryptocurrency issuers from paying corporate tax on their holdings. The ruling body currently requires such...

The recent fallout of FTX not only took the Web3 industry but the whole world by surprise. This catastrophic event affected approximately 1.2 million...

<!-- --> Top US crypto exchange Coinbase has opened up shop in India as part of its expansion into one of...

Story One

Billionaire Ape Yacht Club

While the NFT market itself may be in the midst of a mini-bear, the energy and money pouring into the space shows little sign of slowing down.

See, for instance, Yuga Labs, the company that created the ludicrously successful Bored Ape Yacht Club NFTs

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of […]

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 [...]

A new PwC report says NFTs are the future of digital assets in sports as they can fundamentally alter how fans consume sports and interact with their favorite teams so let’s find out more in today’s latest crypto news. Nonfungible tokens or NFTs and digital assets are one of the ten major trends in the […]

The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet approved new tax relief rules Tuesday for crypto trading, according to an…

The post Thailand Approves Tax Relief Measures for Crypto Trading appeared first on Bitcoin News Miner.

The post These 5 Platforms Will Help You Conveniently Manage Your Crypto Portfolio appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As mainstream interest in cryptocurrency grows, it becomes essential for users to manage their portfolios well. Even when investing in a handful of currencies, keeping tabs on their price-performance remains critical. Several platforms and tools make it easier to do so, although they have different approaches to achieving this goal. CoinStats  Having access to your …

Current income tax rules in Singapore will apply to transactions involving non-fungible tokens (NFTs), Finance Minister Lawrence Wong reportedly said on Friday. But their application will depend on the nature and use of the token. Specifically, individuals who depend on NFT transactions or trading as a source of income will be subject to deductions, The

The post Singapore To Charge Income Tax On NFTs, Says Minister appeared first on CoinGape.