Cryptocurrencies Tag

31 Jan Chinese selfie apps giant Meitu sees profits triple in 2023 on back of new generative AI-powered tools

Posted at 10:23h in Asia

Chinese selfie apps giant Meitu said new image-and-video-editing tools powered by artificial intelligence (AI) helped the company triple its profits last year, in stark contrast to how many other firms struggle to monetise the technology through their own generative AI...

08 Jan Hong Kong joins EU, US, South Korea and Singapore in tightening crypto regulations in 2023, report says

Posted at 13:01h in Asia

Governments around the world have increased their scrutiny of cryptocurrencies in the past year following a series of meltdowns, with many strengthening consumer protection in the volatile sector.In 2023, 17 jurisdictions including Hong Kong, the European Union, South Korea, Singapore, and the United States, tightened...

08 Jan Shanghai explainer on taxation of digital currency transaction drives speculation on potential easing of China’s crypto ban

Posted at 11:30h in Asia

The explainer, “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income”, became widely circulated on Sunday after it was published on WeChat by the Shanghai tax service on Thursday. It cited a 2008 statement by the State Taxation Administration (STA).That prompted...

Cryptocurrencies Tag

08 Jan Hong Kong joins EU, US, South Korea and Singapore in tightening crypto regulations in 2023, report says

08 Jan Shanghai explainer on taxation of digital currency transaction drives speculation on potential easing of China’s crypto ban

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