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Cryptocurrencies: 30330
Markets: 109449
Market Cap: $2,700,279,964,551     
24h Vol: $76,551,309,919
Cryptela — Cryptocurrency News and Market Intelligence
Coin Edition 2023-01-30 10:05:13

Justin Sun: China Embraces Crypto as Reports of 20% Tax Surface

Justin Sun: China Embraces Crypto as Reports of 20% Tax Surface
Following reports from last week that China has implemented a tax on cryptocurrency transactions, Justin Sun, crypto entrepreneur and founder of the Tron cryptocurrency, said, “This signals the country’s increasing embrace of cryptocurrencies.” According to Sun, the new tax directly hints that regulators in China view cryptos as a “legitimate form of wealth.” Sun pointed The post Justin Sun: China Embraces Crypto as Reports of 20% Tax Surface appeared first on Coin Edition .
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