China starts taxing crypto investors and Bitcoin miners 20%
China has had a complicated relationship with crypto, and some local authorities have started to impose a hefty income tax on it.
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China has had a complicated relationship with crypto, and some local authorities have started to impose a hefty income tax on it.
The Singapore-based crypto firm had a "not so jolly holiday" due to a December 26 hack that cost them more than US$ 8 million.
China has unwittingly become a crypto ‘whale’ with so much power on its hands that it could annihilate the crypto market in seconds.
China's war on bitcoin just hit a new level with its latest crypto crackdown CNBC 16 hrs ago MacKenzie Sigalos China's central bank said Tuesday it had called for the shutdown of a company that "was suspected of providing software services for virtual currency transactions." For years, China has signaled that it wanted to ban bitcoin. Beijing could be looking to stem capital outflows via stablecoins and cryptocurrencies. © Provided by CNBC China's central bank said Tuesday it had called for the shutdown of a company that "was suspected of providing software services for ...