Aussie Senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners.
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The ‘Holding Billionaires Accountable’ Lie — Media, Big Tech Fact Checkers Mischaracterize Angst Toward Biden’s Tax Proposal
U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows from a customer’s bank account…
President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender
The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the…
Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own…
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with CNBC’s “Squawk Box” that aired…
South Korean crypto tax delay thwarted
The crypto tax will begin for South Koreans in 2022 but some industry observers say there is no cause for concern.
BBA pushes for crypto regulatory clarity in Massachusetts
The Boston Blockchain Association has published crypto regulatory advisory guidelines for lawmakers in Massachusetts to consider.
Korean Finance Minister vows to fight moves to delay the crypto tax code
The ruling party is planning to attempt a postponement of the crypto tax laws but the Finance Minister is not for turning.
IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from…