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Cabinet nod for measures to regulate investment in digital currency

snoop1130
in Cryptocurrency News

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Cabinet nod for measures to regulate investment in digital currency

By The Nation

 

2017-10-23T050402Z_1_LYNXMPED9M08O_RTROPTP_4_GLOBAL-BITCOIN-648x336.jpg

 

The Cabinet on Tuesday approved in principle a draft emergency decree governing digital-currency investment, as well as a draft amendment of the Revenue Code to pave the way for a tax on the gains made from virtual currency.

 

The move is aimed at regulating investment in digital currency and preventing money laundering from such investment. 

 

The draft emergency decree is now subject to vetting by the Council of State.

 

Source: http://www.nationmultimedia.com/detail/Economy/30340836

 
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-- © Copyright The Nation 2018-3-13

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