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PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.

New Zealand Permits Cryptocurrency Remunerations

New Zealand Permits Cryptocurrency Remunerations

New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.

John McAfee Indicted for Tax Evasion and for Fraudulently Promoting ICOs Through Twitter

John McAfee Indicted for Tax Evasion and for Fraudulently Promoting ICOs Through Twitter

The DOJ is charging John McAfee with tax evasion and failure to file tax returns, according to an unsealed indictment that was revealed yesterday.

#BitcoinTuesday: It’s Giving Tuesday for Cryptocurrencies

#BitcoinTuesday: It’s Giving Tuesday for Cryptocurrencies

The Giving Block has launched the world’s largest cryptocurrency fundraising platform to coincide with Giving Tuesday (December 3, 2019), where the platform will co-promote with influencers, sponsors and partners, the top nonprofits accepting cryptocurrency donations for “Bitcoin Tuesda

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