According to Justin Sun, China is moving towards crypto legitimacy by imposing a tax on crypto transactions. The move signifies that the Chinese government views crypto assets as a legitimate wealth source and storage vehicle. China’s crypto transaction tax policy Justin Sun, head...
According to recent reports, there are still controversies based on improving tax integration of the crypto ecosphere in China. This is due to research and data collection from the state’s revenue authorities, who are against the assets and believe they are risk factors....