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Japan Undecided On Crypto Gains Taxing

Japanese politicians are questioning their Minister of Finance, Taro Aso, on the type of taxes they are applying on cryptocurrency gains in the country. While the politicians are demanding to treat profits from these virtual currencies as a ‘separate declared taxation,’ financial officials in the island country prefer to continue with the current ‘miscellaneous income’ […] The post Japan Undecided On Crypto Gains Taxing appeared first on ZyCrypto. дальше »

2018-6-27 17:39


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Crypto Exchanges Respond to Orders for Improvement

Exchanges Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), issued business improvement orders to six regulated crypto exchanges on June 22. Crypto Exchange Association The Japan Virtual Currency дальше »

2018-6-26 21:19


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Japan wants to remove its progressive crypto tax rate

However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Accounting software company Freee described, “Miscellaneous income is subject to comprehensive taxation, and the tax rate is decided according to the amount combined with other income such as salary income.” The дальше »

2018-6-26 11:42


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Next Up, A Central Bank Digital Currency For The Bahamas

The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »

2018-6-26 04:00


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Iceland Becomes Global Crypto Mining Powerhouse but Neighbors Could Pose a Challenge

Based on its name alone, Iceland will usually evoke images of a sparse population and freezing temperatures. While nobody was watching, however, the island nation slowly became the hottest location for one of the fastest-growing industries today — the country is now recognized as the global center for crypto mining. дальше »

2018-6-25 20:38


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You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport

One of the most inconvenient things about international travel is getting stuck with foreign money that can’t be accepted in your home country. Luckily for passengers and visitors to Schiphol Airport, they now have the chance to experience the benefits of a truly global currency first hand and get rid of their fiat at the […] The post You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport appeared first on Bitcoin News. дальше »

2018-6-20 16:30


Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA

Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering. дальше »

2018-6-20 23:10


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Russia to Tax Declared Crypto Incomes

Taxes Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. Taxpayers must declare their tax obligations no later than April 30 of the year following the taxation period, the Service reminded. The tax base for crypto transactions дальше »

2018-6-15 11:08