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Finance ministry pledges to address cryptocurrency taxation issue – Focus Taiwan

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Finance ministry pledges to address cryptocurrency taxation issue – Focus Taiwan

Taipei, Nov. 18 (CNA) Taiwan’s Ministry of Finance has pledged to review regulations on taxing cryptocurrency gains amid surges in the digital asset’s prices following the presidential election victory of Donald Trump, a crypto supporter, in early November.

Finance Minister Chuang Tsui-yun (莊翠雲) made the promise during a legislative hearing Monday after officials admitted to Kuomintang lawmaker Lai Shyh-bao (賴士葆) that the agency has yet to effectively collect taxes from individuals profiting from cryptocurrency trades.

Lai said cryptocurrency is classified as a digital asset, and such assets, as defined in the Income Tax Act, should not be exempt from income taxes.

Wu Lien-ying (吳蓮英), director-general of the National Taxation Bureau of Taipei, defended her bureau’s existing policy, saying it collects business and corporate income taxes from the 26 cryptocurrency exchanges that have acquired anti-money laundering registration from the Financial Supervisory Commission.

She struggled, however, to provide clear details of how income taxes are being collected from investors trading on these platforms.

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Sung Hsiu-ling (宋秀玲), director-general of the Taxation Administration, agreed with Lai that cryptocurrency gains are categorized as digital assets, and investors are required to file income taxes accordingly.

But Lai responded: “Who will file taxes if there’s no auditing?”

Eventually, at Lai’s request, Chuang and Sung vowed to review related rules within three months to better enable the government to tax cryptocurrency gains.

Wu and Sung also mentioned that the Financial Supervisory Commission was drafting a new law related to taxing cryptocurrency, but did not offer any details.

The issue was raised in light of the crypto market’s activity following Trump’s victory.

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Trump has voiced support for virtual currencies and introduced a new cryptocurrency project with his three sons in late September called World Liberty Financial.

Bitcoin, the oldest and largest cryptocurrency, has surged nearly 33 percent as of Monday since Election Day on Nov. 5 to US$90,723, while dogecoin, a cryptocurrency backed by Trump supporter and Tesla founder Elon Musk, has more than doubled over the same period.

A crypto-friendly climate is expected under Trump’s second presidency.

Under current Taiwanese law, individual income tax follows the principle of territoriality, meaning that income tax is only levied on income generated within Taiwan.

If an individual earns income from non-regular trading of virtual assets within Taiwan, it is categorized as “income from property transactions” under Article 14 of the Income Tax Act, with property referring to different asset classes.

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The taxable income is calculated by subtracting the original acquisition cost and related expenses from the transaction price. This amount is then added to the individual’s total income and subject to taxation.

This territoriality principle, however, poses challenges for enforcing strict tax laws on cryptocurrency transactions, a legal professional familiar with cryptocurrency told CNA, speaking on condition of anonymity.

“As far as I know, the Finance Ministry can only monitor the currency flow of bank accounts used for transactions, similar to how it monitors stock trades,” the source said.

“Taxes can easily be evaded by disguising the transactions as overseas activity conducted in U.S. dollars.”

The expert also noted that for individuals trading virtual currencies on overseas exchanges, even large earnings can evade scrutiny as long as the recorded gains remain below the threshold for taxable overseas income.

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For 2024, the threshold is NT$7.5 million (US$230,372), an increase from NT$6.7 million in 2023.

“At this point, I can’t imagine how they’re going to amend these regulations,” the source said.

(By Alyx Chang and Chao Yen-hsiang)

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Ark Invest Cuts Bitcoin Target as Stablecoins Rewrite the Crypto Playbook

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Ark Invest Cuts Bitcoin Target as Stablecoins Rewrite the Crypto Playbook
Ark Invest is refining its bitcoin outlook as surging stablecoin adoption transforms global digital finance, with Cathie Wood signaling robust confidence in bitcoin’s long-term value despite trimming projections amid accelerating institutional engagement and emerging market integration.
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Next Big Cryptocurrency: Is Bitcoin Hyper ($HYPER) Going To Rip This Week?

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Next Big Cryptocurrency: Is Bitcoin Hyper ($HYPER) Going To Rip This Week?

Next Big Cryptocurrency: Is Bitcoin Hyper ($HYPER) Going To Rip This Week?

Traders looking for the next big cryptocurrency have Bitcoin Hyper ($HYPER) (https://bitcoinhyper.com/) on their radar as catalysts line up this week. The pitch is simple.

A Bitcoin Layer 2 (https://www.binance.com/en/academy/glossary/layer-2) that anchors to mainnet while importing smart contracts and low fees. The hook is speed and usability for everyday use.

The marketing is presale plus staking, with governance on top. The risk is delivery. If the team ships demos, listings and tooling, interest compounds. If not, liquidity dries up and hype fades faster than headlines.

Market Snapshot For November 2025

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November started steady. Bitcoin is near institutional interest after the October high, and that’s still guiding risk behavior across the board. Ethereum (https://coinmarketcap.com/currencies/ethereum/) and its Layer 2s are still where most smart contract activity happens, so throughput and fees on that side matter for sentiment. Liquidity is deepest on BTC and ETH, while smaller assets move harder on news. For presales, timing and venue matter most, since spreads blow out fast when order books are thin.

BTC And ETH Set The Tone

Bitcoin (https://coinmarketcap.com/currencies/bitcoin/) is still setting the tone for alt rotations. When BTC trends strongly, correlations rise and ranges compress for weaker names. When BTC stalls, capital looks for momentum elsewhere, especially where there are clear catalysts. Ethereum’s lane is where the builders and DeFi users are, and that means persistent fee pressure and predictable activity cycles. If ETH Layer 2s keep fees low and finality decent, traders take more risk on the edges. That opens up windows for new narratives that promise speed, practical UX and cleaner settlements.

Risk Appetite And Liquidity Conditions

Risk appetite is choppy not broken. Desks add exposure when depth improves and funding cools, then pull back when wicks exaggerate. In that push and pull, early stage tokens can move big, both ways. The detail that matters is refill speed on bids and how spreads behave after bumps. If buy walls rebuild fast, confidence sticks. If walls disappear, volatility punishes impatience. For presales, unlock calendars, venue rules and market making prep dictate whether hype translates into sustained trading or a quick flip.

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Why Bitcoin Hyper Is The Next Big Cryptocurrency

Bitcoin Hyper ($HYPER) (https://bitcoinhyper.com/) is a bridge between Bitcoin’s brand and high performance DeFi. The architecture claims sub second finality, tens of thousands of transactions per second and penny level fees through an SVM compatible runtime that settles back to Bitcoin. The token angle is simple. Capture protocol fees, fund staking rewards and align governance with roadmap choices. If the team pairs those promises with verifiable testnets, audits and clean bridges the story gets shelf space. Execution missteps can collapse spreads and stall further listings.

Core Proposition In One Sentence

$HYPER sells speed, settlement confidence and developer familiarity. The path to relevance runs through three checkpoints. Show working throughput under realistic load, demonstrate a secure canonical bridge to Bitcoin and deliver tooling that Solana developers can pick up in a weekend. If those pieces appear alongside an orderly listing and a transparent unlock map the token gets time to breathe. Miss those marks and the market will treat it as a momentum trade with short memory and shallow conviction among larger participants.

On Chain And Order Book Signals

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Presale structures concentrate supply so early on chain reads skew towards clustered wallets and synchronized moves. Watch claim windows, bridge activity and staking flows. A burst of transfers into exchanges without matching bid depth signals distribution pressure. Balanced flows into dApps, validators or bridges suggest organic adoption. Order books tell the truth intraday. Tight spreads plus steady bids indicate healthy curiosity. Wide spreads and lumpy walls reveal hesitant market makers and a crowd waiting for someone else to blink first.

Holders, Transfers, Median Size

Holder concentration is the first tell. If a handful of wallets dominate circulating supply unlock events can dictate the entire week. Median transfer size adds color. Shrinking medians after claims point to distribution towards smaller wallets and retail corridors. Rising medians often imply whale reshuffling or custodial movements. Pair those reads with exchange depth snapshots. If asks are thin and buys refill breakouts sustain longer. If sells stack and buys vanish after a wick prepare for chops and lower highs until liquidity improves again.

Price Levels And Scenarios For This Week

Use the presale reference near thirteen tenths of a cent as a simple anchor. Prints above that figure require credible liquidity and visible catalysts to avoid round trips. Prints below invite value buyers if unlock pressure is limited. Three paths cover most outcomes. A bull path from strong listings and bridge demos, a base path with steady staking and gradual venues, and a bear path driven by unlock clusters and missed technical milestones. Update probabilities as order books and on chain reads evolve.

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Bull Scenario: Levels To Flip

The bullish script starts with a credible venue, functioning bridge paths and visible staking. That trio reduces hesitation, keeps spreads tight and invites faster market making. Price holds above the presale anchor, consolidates with higher lows and pushes into announced resistance levels with real bids. Social chatter assists only if backed by consistent depth. If dev updates arrive on schedule the window for sustained trend opens. A measured stair step grind is healthier than a single spike that evaporates by the next session.

Base Case: Range To Respect

The base case looks like controlled chop around the anchor as participants test both sides. Staking flows reduce circulating float but intermittent unlocks or small listings inject supply at awkward times. Spreads widen during quiet hours and tighten during peaks producing a sawtooth rhythm that shakes out impatient entries. In this lane disciplined traders ladder bids near support, trim into strength and let alerts manage risk. Progress depends on documentation releases and incremental tool shipments rather than splashy announcements alone.

Bear Scenario: Invalidations To Note

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The bear script is simple. Unlocks collide with thin order books, listings disappoint and technical documentation lags. Sell walls stack above obvious levels while bids fail to rebuild after dips. Median transfer size rises as larger holders rotate out and claims outpace staking deposits. In that environment price can drift back towards or below the presale reference and stay pinned. Recovery requires a pause in supply, a consolidating base and credible signals that bridges, validators and developer tooling are actually ready.

Verdict Today

Bitcoin Hyper is between upside and execution risk. The idea makes sense. A Bitcoin aligned Layer 2 that borrows SVM speed, anchors to mainnet and funnels protocol fees to a staking token is a good concept. Add an audit, a refund policy in some regions and a big presale and curiosity is natural. None of that replaces shipped code. The market pays for delivery not slogans. Testnets, bridges and tools are what buyers respect when volatility returns.

Final Take For Traders And Editors

Treat Bitcoin Hyper ($HYPER) (https://bitcoinhyper.com/) as a satellite not a core position. Size entries small, respect liquidity and plan exits before headlines hit. If listings come with real market making, staking absorbs float and dev updates verify promised throughput the path to trend opens up. If anonymity persists, docs lag or bridges slip expect fade after each pop. For a Google News audience keep the thesis simple. Proof beats promises. The next big cryptocurrency earns that label by shipping not by saying it.

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Buchenweg, Karlsruhe, Germany

For more information about Bitcoin Hyper (HYPER) visit the links below:

Website: https://bitcoinhyper.com

Whitepaper: https://bitcoinhyper.com/assets/documents/whitepaper.pdf

Telegram: https://t.me/btchyperz

Twitter/X: https://x.com/BTC_Hyper2

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice.

CryptoTimes24 is a digital media and analytics platform dedicated to providing timely, accurate, and insightful information about the cryptocurrency and blockchain industry. The enterprise focuses on delivering high-quality news coverage, market analysis, project reviews, and educational resources for both investors and enthusiasts. By combining data-driven journalism with expert commentary, CryptoTimes24 aims to become a trusted global source for emerging trends in decentralized finance (DeFi), NFTs, Web3 technologies, and digital asset markets.

This release was published on openPR.

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Robert Kiyosaki Warns America Is Losing Freedom, Democracy, Capitalism—Says Bitcoin Offers Protection

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Robert Kiyosaki Warns America Is Losing Freedom, Democracy, Capitalism—Says Bitcoin Offers Protection
Robert Kiyosaki warns that America’s shift away from capitalism threatens freedom and prosperity, urging investors to safeguard wealth through bitcoin, gold, and silver as traditional systems face ideological and economic turmoil.
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