Token Taxonomy Framework news and trends

Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

November 05, 2019
Starbucks test payments app with Bakkt
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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM...

November 05, 2019
The U.K.’s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments. The type of tax paid — capital gains tax, corporation tax, income tax, national insurance contributions, stamp taxes or VAT […]