Incoming DOF Chief Disagrees on Proposed Tax Reforms Which Include Crypto, Digital Goods
Diokno noted that the DOF must focus mainly on the government’s tax administration during the first year of President-elect Ferdinand R. Marcos Jr.
Diokno noted that the DOF must focus mainly on the government’s tax administration during the first year of President-elect Ferdinand R. Marcos Jr.
All crypto businesses targeting the Philippines will be required by Google to show proof of license before they can offer ads.
The incoming Marcos administration must first clarify the tax treatment of cryptocurrency transactions.
Bettors are warned that they are also liable and can be charged with violation of Anti-Illegal Gambling Law. (PD 449).
In this paper, Atty. Rafael Padilla looked at the constitutional aspects of cryptocurrencies and why it is legally impossible to ban them.
Astrazion Group was operating an online multi-level marketing platform that sells its digital currency called “AZNT Token.”
The president noted that the initiative would “promote efficient delivery of services, expedite transactions, boost revenue and reduce the risk of graft and corruption.”
Dragonflytech entices the public to invest online by paying an amount, ranging from ₱500.00 to ₱100,000.00, in exchange for products.
The Commission also noted that users earn by purchasing any package and wait until the said “generation period” matures with a guarantee of zero loss.
This is the first time that a Crypto Mixer is on a Sanctions List. But what is a crypto mixer? How is it related to the hack?