Digitalization ‘offers new challenges’

Original Source    2018-03-22 12:03

2018-03-22 13:17 China Daily Editor: Mo Hong’e ECNS App Download
Digitalization of the economy, especially in terms of crypto-assets, could bring new challenges including tax evasion and money laundering, warned senior Chinese officials.
The fast development of the digital economy might impact the existing international tax system, and the short-term tax incentives could restrain its long-term development, said Zhu Guangyao, China’s vice-minister of finance, at the two-day G20 meeting since Mo…




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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin41,829 0.23 % 0.88 % 2.22 %
Ethereum3,116.0 0.24 % 2.12 % 4.02 %
Tether1.000 0.10 % 0.20 % 0.03 %
Binance Coin465.05 0.32 % 1.49 % 0.35 %
Cardano1.440 0.04 % 8.37 % 21.50 %
USD Coin1.000 0.03 % 0.04 % 0.09 %
Solana139.03 0.30 % 0.11 % 0.88 %
XRP0.7456 0.49 % 1.48 % 3.51 %
Terra78.69 0.04 % 2.60 % 6.86 %
Polkadot24.68 0.08 % 2.41 % 3.39 %
Dogecoin0.1667 0.50 % 1.78 % 8.49 %
Avalanche84.75 0.10 % 1.60 % 5.40 %
Shiba Inu0.00002801 0.75 % 2.60 % 1.09 %
Polygon2.080 0.47 % 4.54 % 11.36 %
Binance USD1.000 0.11 % 0.08 % 0.13 %
Crypto.com Coin0.4432 0.15 % 0.77 % 3.55 %
Wrapped Bitcoin41,816 0.13 % 0.80 % 2.36 %
Near17.68 0.35 % 0.69 % 2.28 %
TerraUSD1.000 0.05 % 0.04 % 0.07 %
Cosmos37.01 0.89 % 3.69 % 4.78 %