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Coinbase gets regulatory approval in Singapore

Singapore Finance Minister Announces NFT Tax

Singaporean Finance Minister Lawrence Wong announced taxes on transactions involving non-fungible tokens on March 11, 2023, which will be based on the nature and use case of the NFT.

Singapore Finance Minister Confirms Income Tax Will Apply to NFTs

Singapore has some of the lowest income tax rates in Asia, with the top rate rising to 22 percent for high-income individuals.

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