Cointime

Cointime

Download App
iOS & Android
Home / Point

Wu Jiezhuang: Oppose the tax increase proposals put forward by the public, including virtual asset stamp duty

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Legislative Council of the Hong Kong Special Administrative Region, expressed his hope for the budget proposal's principles of zero taxation, less fees, increased vitality, and opposition to different tax proposals suggested by the public, including the collection of value-added tax on assets, departure tax, and virtual asset stamp duty, during a meeting with Hong Kong Special Administrative Region Financial Secretary Chen Maobo and Deputy Secretary Huang Weilun this morning. He believes that it is necessary to enhance the development momentum of various industries, break down barriers, and vigorously develop the Web3 industry.

Hong Kong Virtual Assets Web3
Comments

All Comments

Recommended for you

  • South Korea's Public Prosecutor's Office suspends execution of Yoon Seok-yeol arrest warrant

    According to a report from Korean News Agency, due to the ongoing standoff, the Korean Public Officials Crime Investigation Department stated that the execution of the arrest warrant was stopped at 1:30 p.m. local time today (January 3), which is 12:30 p.m. Beijing time. Currently, the personnel from the Public Officials Crime Investigation Department and the police who were executing the arrest warrant have left the presidential palace. 

  • South Korean court approves arrest warrant for current President Yoon Seok-yeol

    on that day, the South Korean court approved an arrest warrant against Yoon Seok-yeol on charges of insurrection. It is reported that this is the first arrest warrant issued against a sitting president in the history of South Korean constitutional politics. On the 30th, the "Joint Investigation Headquarters" composed of the Korean Senior Public Officials Crime Investigation Department, the police, and the Ministry of National Defense Investigation Department submitted a request to detain President Yoon Seok-yeol to the Seoul Western District Court. The Korean Senior Public Officials Crime Investigation Department has issued three summonses to Yoon Seok-yeol on suspicion of "insurrection leader" and "abuse of power to obstruct the exercise of rights", but Yoon Seok-yeol has not responded. According to the South Korean "Criminal Procedure Law", if the suspect has no justifiable reason to refuse to accept the investigation request, or may not accept the investigation request, the investigation agency can apply to the court for an arrest warrant and conduct a forced investigation on the relevant personnel.

  • Brazilian Congressman Warns of Drex CBDC Risks, Rejects Cash Abolition Bill

    Brazilian congresswoman Julia Zanatta is concerned about the impact of the implemented digital currency (drex) on citizens' lives. Julia Zanatta emphasized that the use of drex (the national central bank digital currency) could lead to the end of physical currency as the country progresses towards implementing it. In a recent interview, Julia Zanatta explained that the use of drex should be voluntary rather than mandatory, as it could become a tool for controlling Brazilians. She has planned multiple backup measures to prevent this from happening and to help Brazilians maintain their current economic freedom.

  • Vivek Ramaswamy X's account was hacked, and the cooperation with USUAL was fake news

    Vivek Ramaswamy, who co-leads the US government efficiency department with Musk, confirmed that his X account was hacked and false news about cooperation with USUAL was previously released.

  • Binance Alpha announces first batch of projects: KOMA, Cheems, APX, ai16z, and AIXBT

    according to official sources, Binance Alpha has announced its first batch of projects, which are: KOMA, Cheems, APX, ai16z, and AIXBT.

  • ZachXBT: X platform account leakage may be related to the lack of 2FA security measures

    blockchain detective ZachXBT wrote: "Recently, there have been many account leak incidents on X platform. I suspect that these accounts did not use secure keys or identity verification programs for 2FA."

  • South Korea's Constitutional Court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27

    a spokesperson for the South Korean Constitutional Court stated that the court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27th. (Jinshi)

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

  • Cointime July 27th News Express

    1. As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

  • Hong Kong's financial industry may study launching stablecoin trading desks and institutional custody services

    Hong Kong Monetary Authority recently announced the list of participants in the stablecoin issuer sandbox, including JD Coin Chain, Circle Coin Innovation, Standard Chartered Bank, Anni Group, Hong Kong Telecom and other institutions. Research reports released by Zeng Shengjun, a researcher at the Greater Bay Area Financial Research Institute of the Shenzhen Branch of Bank of China, and Guan Zhenqiu, a researcher at the Hong Kong Financial Research Institute of Bank of China, analyzed that the Hong Kong dollar stablecoin can improve the efficiency and inclusiveness of the Hong Kong financial system. Its stability, free convertibility, high security, high open source and cross-border mobility can provide support for a wider range of financial innovations.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company