The game's creator and its players have to pay taxes in the Philippines, authorities say.
Enactment of the bill, if it is passed and signed into law, is still far off.
Compass Mining is enabling clients to mine bitcoin without triggering a taxable event.
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.
Officials called it the largest "cryptocurrency seizure for back taxes in Korean history."
The IRS has outlined different ways that $32.3 million in additional funding will bolster the agency's crypto tax collection efforts.
Crypto is treated by the IRS as property for U.S. tax purposes and can be seized in the same way, an official said.
A U.S. federal court authorized the move Wednesday.
Crypto traders’ gains will be subject to 20% tax on profits over 2.5 million won (~$2,250) from January 2022.
The department has seized around 25 billion won ($22 million) in digital assets from 676 of the alleged tax evaders.
Bitcoin falls as Biden's plan to raise capital gains tax hurts risk appetite.
Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.
The commonwealth wants to become a hub for energy-heavy businesses like crypto mining.
“These transactions are not anonymous,” the IRS' national fraud counsel said. “We see you.”