Search results for "VIRTUAL"

Korean National Tax Service Launches Crypto Tax-Evasion Crackdown in July: Even Self-Custody Wallets and Mixing Services Can Be Traced

According to a report by ZDNet Korea, South Korea’s National Tax Service (NTS) issued on April 15 a procurement notice for a “virtual asset tax evasion response and transaction tracking software,” with plans to complete system selection by the end of May, deploy it in June, and officially launch it in July. The new system will be able to track self-custodied (non-custodial) wallets such as MetaMask and Phantom, and will include “demixing” technology to enforce tax evasion against offenders who use mixers to conceal the flow of funds. This is the third upgrade to South Korea’s crypto tax investigation tracking system since 2024. In conjunction with new tax legislation that, starting in 2026, will formally bring crypto assets under taxation under the “Other Income” category of the comprehensive income tax, enforcement tools are being upgraded at the same time to improve collection efficiency. Procurement scope: Chainalysis and TRM
ETH-3,15%
XRP-0,27%
ChainNewsAbmedia·04-21 07:25

Hong Kong SFC prepares the world’s first tokenized assets trading framework for VATP: money market funds to lead the way, gradually expanding to all authorized products

The Hong Kong Securities and Futures Commission will publish a framework in April 2026 that will allow licensed virtual asset trading platforms to conduct secondary-market transactions of tokenized assets, with the first batch including money market funds and future expansion to stocks, bonds, and more. This will make Hong Kong the first market to use Web3 infrastructure, and it will advance in step with the regulatory technology “CrypTech” to establish a regulatory template for tokenized finance. The move is intended to secure Hong Kong’s position as an Asia-Pacific digital-asset hub and to create competitive pressure on Taiwan-based industry players.
BTC-0,98%
ETH-3,15%
ChainNewsAbmedia·04-20 11:14

U.S. Tax Day: Bitcoin Daily Payments Involve Hundreds of Pages of Filing Documents

A report from the Cato Institute states that the United States requires reporting capital gains tax for every Bitcoin transaction, which would increase the reporting burden. The report recommends either eliminating the capital gains tax or raising the exemption threshold in the “Virtual Currency Tax Fairness Act” to about $80k to ease the tax burden on small transactions.
BTC-0,98%
MarketWhisper·04-16 02:50
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Pakistan Lifts an Eight-Year Ban: Central Bank Allows Banks to Serve Crypto Businesses, and the Virtual Assets Law Takes Effect

On April 14, 2026, the State Bank of Pakistan lifted its crypto-assets banking ban that has been in place since 2018, officially kicking off the Virtual Assets Act 2026. Banks may open accounts for licensed virtual asset service providers, but must establish a segregation-of-funds mechanism to ensure that customers’ funds are not affected. This policy change responds to domestic demand and demonstrates Pakistan’s growing role on the international stage.
ChainNewsAbmedia·04-15 15:45

Can bypass FSC regulations on using credit cards to buy crypto? OdinTing introduces the Wallet Pro service for buying crypto with a U.S. debit card

The OwlPay and Wallet Pro services launched by OdinTin use stablecoin technology to enable B2B cross-border payments, and—by partnering with major international payment players—showcase its ambitions for expansion in the fintech sector. By operating from overseas, OdinTin bypasses Taiwan’s regulatory restrictions, providing fast virtual-asset trading. Meanwhile, as it faces the newly promulgated Virtual Asset Services Act, it is set to become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity·04-15 10:59

Is it possible that using a credit card to buy crypto could bypass Financial Supervisory Commission regulations? Odlinting is promoting Wallet Pro, a U.S. debit card crypto-buying service

The OwlPay and Wallet Pro services launched by OdinTing use stablecoin technology to enable B2B cross-border payments, and partner with international payment giants to demonstrate its ambition to expand in the fintech space. By operating from abroad, OdinTing bypasses Taiwan’s regulatory restrictions to provide fast virtual-asset trading. Meanwhile, facing the newly promulgated Virtual Asset Services Act, it is expected in the future to become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity·04-15 07:58

Can bypassing Financial Supervisory Commission (FSC) regulations allow crypto purchases by card? Oding Ding introduces the Wallet Pro service for buying crypto with U.S. debit cards

OdinTing’s OwlPay and Wallet Pro services use stablecoin technology to enable B2B cross-border payments, and partner with international payment giants to showcase its expansion ambitions in the fintech space. By operating from overseas, OdinTing bypasses Taiwan’s regulatory restrictions, offering fast virtual asset trading. At the same time, in the face of the newly issued Virtual Asset Service Act, it is expected to become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity·04-15 04:51

Can bypass Taiwan Financial Supervisory Commission (FSC) rules on buying crypto with credit cards be possible? OdinTech launches the Wallet Pro service for buying crypto with U.S. debit cards

OwlPay and Wallet Pro services launched by Odin Ding use stablecoin technology to enable B2B cross-border payments, and they partner with international payment giants to showcase their ambitions to expand in the fintech sector. By operating from overseas, Odin Ding bypasses Taiwan’s regulatory restrictions, offering fast virtual-asset trading. At the same time, in light of the newly issued Virtual Asset Services Act, it is expected to become a reference template for other foreign-funded companies entering the Taiwan market.
CryptoCity·04-15 01:45

Can you bypass FSC regulations to buy crypto with a credit card? Odin Ding launches a U.S. debit card crypto purchase service, Wallet Pro

The OwlPay and Wallet Pro services launched by OdinTing use stablecoin technology to enable B2B cross-border payments, and have partnered with international payment giants, showcasing its ambition to expand in the fintech space. By operating from offshore locations, OdinTing bypasses Taiwan’s regulatory restrictions, providing faster virtual-asset trading, while also confronting the newly promulgated Virtual Asset Services Act; in the future, it could become a reference template for other foreign companies entering the Taiwan market.
CryptoCity·04-14 22:41

Is it possible to bypass FSC regulations on buying crypto with card payments? Oadingding rolls out the Wallet Pro service for buying crypto with a U.S. debit card

The OwlPay and Wallet Pro services launched by OdinTing use stablecoin technology to enable B2B cross-border payments, and they partner with international payments giants to showcase their ambitions to expand in the fintech space. By operating from abroad, OdinTing bypasses Taiwan’s regulatory restrictions, offering faster virtual-asset trading, while also facing the newly issued Virtual Assets Services Act; in the future, it may become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity·04-14 19:33