Auto Added by WPeMatico
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’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…
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…
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…
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 However, those responses can still be outdated, misleading, or self-censored.…
Circle’s Patrick Hansen stressed that the planned reform on crypto taxation would introduce a 50% substitute assessment for crypto assets if users fail to provide credible purchase documentation, with these…
House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on…
Bulgaria’s National Assembly voted to amend the Tax and Social Security Procedure Code, adopting European Union directives to curb tax evasion and enhance cross-border tax transparency. Lawmakers Approve EU-Aligned Legislation…
Illinois’ 0.2% digital asset tax could cost crypto firms millions and expose them to felony charges for compliance errors, two trade groups warn. They want enforcement blocked before the Jan.…
A new report from Cornell Brooks School Tech Policy Institute might give G20 governments and others some clues about how a counterintuitive move could help their economies and boost tax…