Official tax newspaper in China calls for imposing taxes on crypto exchanges, even though recently the government deemed all crypto transactions illegal Chinese journalist and blogger Colin Wu, who covers everything to do with the blockchain and crypto industries, has tweeted that an official Chinese tax newspaper, China Tax News, urges the government to impose taxation on virtual assets. However, Wu adds that since all crypto transactions were declared illegal at the end of September, taxing cryptocurrencies would give them indirect legalization. China’s tax official newspaper called for a tax on crypto and said that the exchange’s taxation scale was...