Singapore Mulls a New Idea How to Boost Crypto Adoption

Cryptonews In a recently published e-Tax draft guide, the Inland Revenue Authority of Singapore (IRAS) proposed the exemption of certain cryptocurrency transactions from GST (goods and services tax). To be precise, the draft is created with a goal to explain “the GST treatment for transactions involving virtual currencies/cryptocurrencies that function or are intended to function July 08, 2019 at 03:12PM By Crypto News