POPA ReconFinance Ministry "Tokenization Stocks, Securities Not Virtual Assets"...Possible to Tax in Second Half
Finance Ministry "Tokenization Stocks, Securities Not Virtual Assets"...Possible to Tax in Second Half Summary The Ministry of Finance and Economy announced that tokenization stocks are securities rather than virtual assets and can be taxed immediately under the current Capital Markets Act. If the Financial Services Commission recognizes the security of tokenized stocks in the token securities guidelines and sub-legal amendments scheduled for July, taxation may take effect from the second half of this year at the earliest. Under the Capital Markets Act, securities are subject to external t…
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