8-word crypto amendment in Infrastructure Bill an ‘affront to the rule of law’
A proposed bill waiting for vote in Congress contains a “dangerous” amendment.
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Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted…
Opposing Political Party Suggests One Year Delay on South Korea’s Crypto Tax Law: Report
The People Power Party – the opposition party in South Korea – has reportedly proposed a one-year delay on the upcoming taxation rules on trading with digital assets. The lawmakers…
Miami Working on Allowing Tax Payments in Bitcoin, Promised Mayor Suarez
A few months after hinting that Miami residents could soon be able to pay their taxes with bitcoin, the city’s mayor – Francis Suarez – said the process has begun…
Crypto tax ‘a top enforcement priority,’ reminds IRS Commissioner
The IRS’ commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property.
US President Joe Biden Pushes for Tax Hikes, Here’s How it Could Affect Crypto (Opinion)
With his approval ratings battered by several failures in the withdrawal from Afghanistan, Joe Biden is turning his attention to massive infrastructure spending and expanding the government’s programs to provide…
India’s Income Tax Department may soon target crypto trades and ecosystem
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments.
India Reportedly Considering Taxing Gains from Cryptocurrency Trading
The Indian government continues with its indecisive approach towards the crypto industry. A recent report claimed that the authorities plan to implement new taxation on gains from digital asset operations…
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins…
Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency…