South Korea Seizes $47M Worth of Crypto for Back Taxes: Report
Officials called it the largest "cryptocurrency seizure for back taxes in Korean history."
Enactment of the bill, if it is passed and signed into law, is still far off.
Compass Mining is enabling clients to mine bitcoin without triggering a taxable event.
The country is the video game's leading market.
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.