tax

Italy Bitcoin Tax Will Increase To 42% Amid Fiscal Strategy

The Italy Bitcoin tax increase mirrors similar discussions in the UK and follows the EU’s upcoming implementation of its crypto…

3 weeks ago

New US Treasury Crypto Tax Rules Being Implemented in 2025

US Treasury crypto tax rules aim to prevent tax evasion and align crypto tax reporting with traditional financial instruments after…

4 months ago

South Korean Crypto Holdings Account For Over 70% Of Reported Overseas Assets

Crypto makes up over 70% of South Korea's reported overseas assets, totaling 130.8 trillion KRW. Deposits and savings accounts lead…

1 year ago

Coin Center’s Vision: Navigating Crypto Taxes With Clarity And Privacy

Crypto-focused policy nonprofit Coin Center has called on Congress members to establish clearer regulations for cryptocurrencies, particularly in the realm…

1 year ago

IRS Probes Puerto Rico’s Tax Incentive Program Amidst Appears Crypto Tax Evasion

Puerto Rico investigates tax incentive misuse by high-income individuals.

1 year ago

Robert F. Kennedy Jr. Reveals Desire To Back Dollar With Bitcoin And Eliminate Crypto Tax

Presidential candidate Robert F. Kennedy Jr. proposes backing the U.S. dollar with Bitcoin to restore its strength and promote financial…

1 year ago

State Administration Of Taxation Pilots Digital Renminbi Tax Payment, Collects 25.9 Billion Yuan In Taxes And Fees

The Chinese State Administration of Taxation is testing digital renminbi for tax payments. The tax department wants to develop non-contact…

1 year ago

Proposed 30% Tax On Bitcoin Mining In The US Canceled In Risk Of Default

The Biden administration's federal budget proposal to impose a 30% tax on bitcoin mining in the United States has been…

1 year ago

ConsenSys Clarifies MetaMask No Tax On Cryptocurrency Transactions

According to an official announcement yesterday, ConsenSys, the MetaMask wallet application's parent company, does not collect taxes from crypto users.

1 year ago

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