IMF Pushes Pakistan to Tax Crypto Gains Amid Bailout Talks
IMF demands crypto capital gains taxes in exchange for Pakistan bailout funding.
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IMF demands crypto capital gains taxes in exchange for Pakistan bailout funding.
The IMF has also provided a matrix to help countries identify such risks, and encourages El Salvador and the Central African Republic to reconsider their decision to make Bitcoin legal tender.
The International Monetary Fund (IMF) says that sovereign fiat currency should always be valued and protected over crypto assets.
Pakistan's Minister of State for Finance and Revenue has reportedly said crypto cannot be legalized in the nation due to conditions set by the global money laundering watchdog for staying off of its list of countries under increased monitoring.
Amid the rise of regulator crackdown on the crypto industry, the way each regulator views the industry has proved to be distinct.
The IMF has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies.
The Indian Government reportedly will decide and finalise the crypto consultation paper. This consultation paper will comprise inputs from other ...
The document, which could define a national framework for digital assets, is almost ready.