New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges By Cointelegraph
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New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchangesTechnology heavyweight Apple (NASDAQ:) has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.
The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed.
Continue Reading on Coin Telegraph
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New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchangesTechnology heavyweight Apple (NASDAQ:) has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.
The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed.
Continue Reading on Coin Telegraph
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