Crypto Tax Framework - Some countries are finalizing Crypto tax Framework
Crypto Market is facing the toughest month in 2018. We are facing Continous market dip. Everyday new low. Fud was dominated in the early month of this year. Every day new Fud. South Korea is going to ban Cryptocurrency, India is going to ban Cryptocurrency type of news.
After the fud period, we saw now regulators charisma. Some of the countries are planning to Tax Cryptocurrency. South Korea is among them. South Korea is the biggest cryptocurrency market in terms of trading volume. South Korean Ministry of Strategy and Finance will reportedly release a taxation framework for cryptocurrencies by the end of June this year.
A spokesperson from the Ministry of Strategy and Finance has said that they do not have the specific timeframe to implement the tax regulations. Another asian country is also planning to impose tax on Cryptocurrency.
Thai Finance Ministry already Releases Final Version Of Cryptocurrency Tax Framework.
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good analysis of crypto market !check mine too i have some good article
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