Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
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Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
The Singapore-based exchange has made a plethora of announcements regarding its plans for the E.U., the U.S. and Asia.
From Jan. 31, Crypto.com will no longer offer certain services from stablecoins, like Tether USDT, Paypal USD, Pax dollar, alongside Crypto.com Staked ETH and Crypto.com Staked SOL.
Bitpanda Secures MiCA License From German Regulator
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron.
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
France’s Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.