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Crypto Exchanges Urge Pakistani Authorities to Tax Digital Assets
njihl
May 18
Pakistani crypto exchange RAIN has called on the country’s Ministry of Finance to regulate cryptocurrencies and impose a 15% tax. RAIN told the regulator that Pakistan could get around $90 million in tax revenue through a capital gains tax on crypto assets. RAIN general manager Zeeshan ahmed pointed out that other countries such as India and the United States can get billions of dollars in tax revenue, and Pakistan should consider making crypto transactions legal and under regulation. Ahmed s...
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