South Korea Pushes Implementation of Crypto Income Tax to 2029
South Korea plans to delay its 22% tax on cryptocurrency gains by another two years, moving the planned implementation date from 2027 to 2029. South Korea plans to delay its…
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A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit…
South Korea’s Crypto Tax Faces Fourth Delay as 2029 Date Looms: Report
South Korea is preparing to push its cryptocurrency gains tax back for a fourth time, according to local reporting, potentially giving investors until 2029 before the government collects a dime.…
Tax Preparer Accused of Claiming Losses on Crypto Never Owned
A Connecticut tax preparer allegedly claimed cryptocurrency losses for taxpayers who never owned the assets. The accusations form part of a broader federal prosecution involving fabricated deductions and the alleged…
French Assembly Narrowly Adopts Stablecoin Swap Tax Proposal
If passed, the measure would subject French cryptocurrency holders to a 31.4% capital gains tax each time they exchange a cryptocurrency for a stablecoin. Analysts agree this would prompt French…
French Committee Approves Tax on Stablecoin Conversions From 2027
The proposal, which the National Assembly plenary must discuss and approve before it becomes law, would approve a tax on conversions from any cryptocurrency to stablecoins, as legislators rush to…
Lithuania Aligns Crypto User Tracking Rules With EU Framework
Lithuania’s tax authority has issued updated procedures clarifying user reporting requirements for crypto asset service providers to align national rules with the EU’s DAC8 and OECD tax transparency standards. Customer…
French Executives Propose Taxing Crypto-to-Stablecoin Conversions
Three executives of crypto-linked companies proposed taxing exchanges between cryptocurrencies and stablecoins directly, stressing that this treatment would accelerate the use of crypto as a means of payment and reduce…
Illinois Agrees to Delay Rollout of 0.2% State Crypto Tax
Just three months before it was set to take effect, Illinois officials and two crypto industry groups have jointly asked a state court to delay the rollout of the state’s…
Does America.gov Know Bitcoin Policy as Well as ChatGPT and Claude? We Asked
The newly launched U.S. government AI chatbot America.gov can also help bitcoin and crypto users with answers to their questions. However, those responses can still be outdated, misleading, or self-censored.…
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