Crypto lobby urges Congress pass staking and mining tax bill as is
A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments.
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Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings.
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users…
Crypto Holders Avoid Israel’s Tax Program, Exposing Just $50.7M of Hidden Capital
Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth is being reported. Broad Underperformance…
Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules
Kenyan Treasury Cabinet Secretary John Mbadi dismissed widespread rumors that the Finance Bill 2026 introduces new taxes on cryptocurrency transactions. Clarifications on Digital Content and Bread Taxes In a bid…
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance…
Japan’s Crypto Tax Win: What You Need to Know About the 2028 Timeline
Japan is moving from a punitive miscellaneous income tax of up to 55% to a flat 20.315% separate taxation regime, aligning crypto with traditional stocks. The reform introduces a three-year…
India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years
India is intensifying scrutiny of cryptocurrency activity as tax authorities flag system-estimated income that may not reflect actual profits, issuing reassessment notices that could reopen past filings and pressure traders…
Japan Moves to Expand Crypto Compliance Regime as Tax Surveillance Enters Cross-Border Era
Japan is moving deeper into the compliance phase of crypto regulation, and the latest push is less about approving new products or licensing exchanges than about making digital asset activity…
Crypto Tax Confusion Deepens as US Investors Struggle With Cost Basis and Reporting Duties
Crypto tax confusion persists despite widespread adoption, with most U.S. investors aware of obligations but struggling to execute accurately as new reporting rules and portfolio complexity widen compliance gaps across…
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