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South Korea to Address Income Inequality Partly With Crypto Taxes
/ Banking

South Korea to Address Income Inequality Partly With Crypto Taxes

As the new regulation comes into force next week, 40 crypto exchanges in South Korea would suspend all their services.

September 17, 2021
Should Bitcoin Holders Move to El Salvador to Pay “No Tax” on Gains?

Should Bitcoin Holders Move to El Salvador to Pay “No Tax” on Gains?

El Salvador will exempt foreign investors from paying tax on Bitcoin gains. Here is what you need to know if you were to consider the move

September 13, 2021
UK Tax Authority: Cryptocurrencies Are Not Money

UK Tax Authority: Cryptocurrencies Are Not Money

The United Kingdom’s (UK) tax, payments, and customs agency — Her Majesty’s Revenue and Customs (HMRC)— has updated its stance on digital asset taxation. Notably, cryptocurrencies will not be taxed ...

November 05, 2019
France Announces No Tax on Crypto-to-Crypto Trades, Only Crypto-to-Fiat

France Announces No Tax on Crypto-to-Crypto Trades, Only Crypto-to-Fiat

According to a recent report by Bloomberg Tax, France has announced that it will not tax crypto-to-crypto trades. Instead, tax will only be applied when an investor ‘cashes out’ by exchanging their ...

September 13, 2019
Switzerland: No Profit Tax or VAT on Security Token Offerings

Switzerland: No Profit Tax or VAT on Security Token Offerings

A recent ruling by tax authorities in Switzerland has clarified how Security Token Offerings (STOs) will be treated in terms of taxation. Blockstate’s recent STO was ruled to be free from both profit ...

August 26, 2019

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