The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.
The Organization for Economic Cooperation and Development thinks ICOs may be a beneficial fundraising tool, but not yet for "mainstream" firms.
The intergovernmental economic organization plans to host an international conference on blockchain in September, its first ever.
If cryptocurrency gains acceptance as a means of exchange, it’s sure to raise the ire of governments hungry for revenue from sales taxes.
The world's economic leaders are seeking a globally coordinated policy on cryptocurrencies. This could take a while. But that may be just as well.
The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.
A recently published working paper grossly misunderstood the economic nature of bitcoin, says the Bitcoin Foundation's Jon Matonis.
The OECD's new working paper draws largely positive conclusions about the technology behind bitcoin.