The Singaporean government’s taxation agency is proposing to remove the goods and services tax from cryptocurrency transactions that function—or are aimed to function—as a medium of exchange. The agency has also set out detailed parameters on how digital payment tokens are defined. Examples of digital payment tokens are Bitcoin, Ethereum, Litecoin, Dash, Monero, Ripple, and Zcash.
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Wake up, Wall Street… businesses now have a better way to raise capital
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