“Being able to wrap tokens is a valuable and necessary cross-chain interoperability tool,” said Michael Bacina, Digital Assets lawyer at Piper Alderman Lawyers. “To have a purely technological function triggering a tax event and tax payable is not something users would expect when using crypto-assets.”
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
Also in March, the ruling AK Party Deputy Chairman of Information and Communication Technologies Ömer İleri said, "We find it...