Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?
Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free. The rule came from Thailand’s Revenue Department, which aims...
The rule came from Thailand’s Revenue Department, which aims to fund its proposed economic stimulus, according to a BangkokPost report. To help stimulate the national economy, Thailand introduced the “digital wallet” scheme last month, which is estimated to cost the taxpayer about 560 billion baht....
Read More: Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?
Original source
Read on CryptonewsRelated market context
Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be li...
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
GameStop SEC Filing Highlights Coinbase Custody Liquidation Risk For Bitcoin Holdings
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodia...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enfo...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...