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Ethereum World News 2022-10-05 11:24:20

European Parliament Passes Resolution on Crypto Tax and Blockchain Use To Make Tax Collection More Efficient

Members of the Parliament of the European Union passed a non-binding resolution that is related to the taxation of the crypto asset class and the use of blockchain tech to make tax collection more efficient. One suggestion the resolution made was for the Commission to consider converting a crypto asset to fiat currency as a taxable event. Authorities from Europe have been very active in crypto regulation, holding consumer protection and AML as key philosophies in their bid to regulate […]

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