Australia
Since 1st July, Bitcoin is considered money - no more "goods taxes" on trading. It used to be double taxed, now we can expect more exchanges to pop up in this wealth part of the globe.
http://www.budget.gov.au/2017-18/content/glossies/factsheets/html/FS_innovation.htm
Japan
Even thought Bitcoin became really popular and easily accepted everywhere form of payment there was still 8% Consumption Tax on every transaction. Now it has stopped due to Liberal Democratic Party which asked Japanese Finance Minister Taro Aso to stop this. Since JPY is already a huge volume price pumper now we can only expect to go higher in this currency.
Delaware (USA)
This is a place known for opening no-tax companies if you are not resident of USA and wont do business in USA. Now this state will allow trading of stocks on the blockchain. This means all incorporated companies there will be able to release shares as tokens on blockchain. Its supossed to get active on 1st August. Not all specifics are known yet.
Due to complex nature of legislations in this news if you have anything to add please leave info in comments.
Especially that those are new and posts are active up here for 7 days.
Current Bitcoin Markets
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
![]() |
|---|
