Exchanges appear to be unfazed by Japan's heightened monitoring of virtual currency transactions, which include stiffer penalties on firms and individuals involved in laundering digital assets.
The lobby groups specifically asked for the practice of taxing unrealized gains to be removed, while a uniform 20% tax regime with exemptions to allow for unrealized gains to be carried forward.
PALO ALTO, Calif. (PRWEB) August 09, 2022 The BFSI sector continues to be one of the biggest adopters of cryptocurrencies and their underlying blockchain