The Singapore Taxation Office exempts the draft of the digital payment token commodity service tax from involving stable currency
According to AMBCrypto on July 7, the Singapore Revenue Agency (IRAS) recently issued a draft guide detailing the GST for cryptocurrency transactions. As mentioned in the draft, Bitcoin, Ethereum, Litecoin, Dash, Monero, XRP and Zash are all digital payment tokens. According to the draft, under the new guidance, cryptocurrency users can use their digital currency […]