Japan’s crypto groups call for end of taxing paper gains
Danny Talwar from crypto tax platform Koinly said Japan's regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan.
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Latvian Artist Threatened With Prison for Money Laundering Through NFTs
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities…
Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50
After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency.
Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty
In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators.…
South Korea postpones 20% tax on crypto gains to 2025
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.
India needs global collaboration to decide on crypto’s future, says finance minister
Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation.
The regulatory implications of India’s crypto transactions tax
India’s introduction of new crypto taxes had a negative impact on overall trading, forcing entrepreneurs to move to friendlier jurisdictions.
The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July
The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500.…
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the…
Crypto tax deters 83% Indian investors from crypto trading: WazirX report
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.
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