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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian Congress must fight…
India is unleashing cutting-edge data analytics and forensic tech to crack down on crypto tax evasion, driving aggressive enforcement and surging digital asset revenue collection. Government Uses Data Analytics to…
The Brazilian Congress is set to debate the legality of a new cryptocurrency taxation scheme imposed by President Lula, which eliminated the income tax exemption for minor trading operations and…
The Internal Revenue Service’s new Form 1099-DA, while designed to streamline tax reporting for cryptocurrency users, may inadvertently trigger audits due to incomplete cost basis data provided by exchanges, an…
A tax expert has warned traders, particularly those operating discreetly, about the upcoming requirement to file Form 1099-DA starting in 2026. The expert also highlights the importance of reporting, even…
The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory…
The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining…
Bybit is hitting Indian crypto traders with an 18% GST and widespread service shutdowns as strict new regulations reshape the nation’s rapidly evolving digital asset landscape. Bybit Hits India With…
A sweeping crypto tax overhaul promises to unlock everyday digital asset use by slashing compliance burdens, exempting small transactions, and aligning crypto with traditional finance rules. De Minimis Rule Aims…
The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a…