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Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under…

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Russian Government Eyes $13 Billion in Taxes From Crypto Economy

Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as…

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Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year

The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced…

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No precedent: IRS court settlement doesn’t clarify crypto staking taxes

There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.

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Crypto Users and Exchanges Must Now Report Transactions in Colombia

The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported…

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60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’

Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign…

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