The tax authority in Thailand is testing a blockchain system that tracks value-added tax (VAT) invoices and potentially eliminate fakes.
Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.
The crypto-rich are just like the usual rich: They will do whatever it takes to avoid paying taxes including moving abroad. But bitcoin makes that much easier.
The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey proposition.
New reports suggest that the South Korean government is intensifying its moves against the country's bitcoin exchanges.