Tax

This week, Verkhovna Rada, the Parliament of Ukraine, will consider a draft law which amends the country’s tax code, suggesting tax immunity for all digital currency market users up to the end of 2029.

Crypto market in Ukraine remains unregulated, however, the government wants to impose taxes on this area anyway. According to an official from the Finance Ministry, a regular income tax is expected to be imposed on any digital currency activity, such as mining or trading.

Republic of Colombia is embracing the Blockchain technology and cryptocurrency industry, with Ivan Duque, a newly elected President promising to reduce taxes for the sector.

On September 7, 2018, Finance Ministers from 28 EU countries will converge in Vienna to discuss and collaborate on regulating the emerging cryptocurrency market.

On Aug 26, the Jerusalem Post wrote a very good story about the chances of Israel adopting a state-backed crypto just like Venezuela did a few days ago,  although for completely different reasons.

Crypto continues to garner a lot of interest in South Africa (S.A), particularly taking into account the recent news of government corruption and land expropriation. Citizens are comprehensively worried about the future of the country's economy and are searching for alternative means to store wealth.

Uber claims it wants to go public in the second half of 2019, however, it has made no significant steps towards achieving this target. Is it possible that the company is fooling everyone and will surprise the public with a securities token launch?

Eastern Europe is hesitating to take the final step towards regulation of the crypto market. Representatives of the eastern part of Europe are thoroughly observing the policy of western countries before making any decisions. Such a tactic has shown no results so far, as each western country has a fintech strategy that differs from others.

A giant Israeli cryptocurrency exchange known as Bits of Gold has agreed to share all customers' transaction particulars with the tax authority of the country.