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OECD Says It Is Working on Crypto Tax Reporting Standards for 2021


The Organisation for Economic Co-operation and Development (OECD) looks set to adopt an international set of standards that will change the way crypto taxes are reported – and the body is ready to apply the same kind of tax standards as it uses to police conventional finance in its efforts to...

Shanghai Issues Draft Blockchain Standards, National Effort to Follow


Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom. According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...

China Might Introduce Blockchain Standards for Financial Firms


China could be on the verge of introducing nationwide blockchain standards to govern the nation’s financial organizations, per a new report. According to media outlet Caixin, an unnamed “authoritative” source stated that the central People’s Bank of China (PBoC) has issued a set of “blockchain...

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