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Philippine industry movers react to proposed foreign tax law

CoinGeek LogoCoinGeek4d ago

Philippine industry movers react to proposed foreign tax law - CoinGeek

Quick Summary:

The proposed tax law could bring in new revenue for the government, but industry players advised lawmakers to be cautious as it could significantly impact consumer protection and investor confidence.

The post Philippine industry movers react to proposed foreign tax law appeared first on CoinGeek.

He pointed out that this move could generate new government revenue, citing the “vague” laws surrounding digital currency exchanges in the country.


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Article Details

Author / Journalist: Jun Bolivar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 05:00:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1289 words

Reading Time: 8 minutes read

Sentences: 44 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23221465

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Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 12 hours ago

Coverage Areas: Canada

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #82

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