The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The U.S. Senate voted to repeal a controversial crypto tax rule that was finalized weeks before the Trump administration took office.
In collaboration with industry, regulators and the community, plans include creating a framework for digital asset platforms and stablecoins.
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.
The U.S. House voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the IRS.
The Senate will vote on whether to overturn a controversial tax rule that requires "custodial brokers" to collect and report user data.
Lawmakers voted to support a resolution to overturn a controversial tax rule and will head to the full House of Representatives for a vote.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy made a profitability warning, particularly if there is a significant decrease in the market value of its bitcoin holdings.
The 2024 tax year has come to a close, and tax filing season is now upon us. If you’ve been trading crypto, here are some key things you need to consider.
Russia’s Federal Tax Service also announced today a function allowing miners to report their crypto earnings online.
One of the biggest breaks for crypto could be the possible elimination of the Internal Revenue Service. At least, this is the proposal being pushed by a US lawmaker. Rep. Earl “Buddy” Carter has sparked controversy with his latest plan to get rid of the IRS and replace the current US tax law with a […]
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.
The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.
President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators.
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users' data with tax authorities.
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”
Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.
We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda, Vice President Cevdet Yilmaz told Bloomberg, talking about plans that also affect crypto.
A change in the regime could result in lower taxes for some crypto investors.
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
The Australian Tax Office is collecting over a decade of crypto transaction data, and tax dodgers could be busted if they don’t properly file this tax season.
Florida Congressman Matt Gaetz has ignited a fresh debate on the intersection of cryptocurrency and traditional finance. This week, Gaetz introduced a bill proposing Bitcoin (BTC) as a legitimate payment method for federal income taxes in the United States. The proposal aims to usher in a new era of tax efficiency and technological leadership for […]
Unsure if your crypto cashback rewards trigger tax obligations? Learn how to navigate them for stress-free crypto earning.
The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.
Brazil's government proposes a bill to reform tax rules for financial investments and crypto assets, targeting tax havens with a 22.5% rate.
The tax measures aim to promote fundraising using investment tokens and establish the country as an investment hub.
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
Indonesian crypto exchanges saw a sharp 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.