The Wall Street Market, the world’s second largest dark web market, was shut down with six figures in crypto seized by police.
Finland is a republic located in northern Europe with a population of around five million people. Finland is highly ranked in various human development indexes, economic freedom ratings and has one of the highest gross domestic product per capita in the world. Finland’s economy is built upon the service sector, manufacturing and refining, with largest industries being electronics, machinery and chemical. Finland is also highly developed in information technology and communications. Blockchain is pretty popular in Finland, that’s why the Finnish Tax Authority issued a pack of instructions for virtual currencies’ taxation. The Finland Bitcoin taxation is complex. Bitcoin is treated as a capital gain when transferred to another currency and as a trade when it is used as a payment for goods and services. Bitcoin that has an increased value after it is obtained is also taxable.
- US SEC Postpones Verdict on VanEck and Bitwise ETF Application, Again
- Austrian Fiber Producer Lenzing to Launch Blockchain-Enabled Tracking in 2020
- US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies
- White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months
- Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 20