[May 22, 2023 1:30 AM] Ron Paul, a former congressman from Texas and former U.S. presidential candidate, has reflected on how the U.S. government is handling inflation and how it has been deceitful on the issue. Paul believes that if the U.S. government were to really…
[May 14, 2023 2:00 AM] Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border…
[May 8, 2023 7:03 AM] Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments.
[May 5, 2023 5:30 PM] The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy…
[May 4, 2023 5:30 PM] El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the…
[May 3, 2023 1:33 PM] Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.
[May 3, 2023 10:06 AM] The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. The President's new budget proposal for Fiscal Year 2024 includes the Digital Asset Mining Energy (DAME) excise tax, which would require…
[Apr 28, 2023 1:15 PM] A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned.
[Apr 26, 2023 6:24 AM] Deloitte highlights its commitment to Web3 and crypto through its intent to hire cryptocurrency experts to join its team, with over 300 positions posted on LinkedIn.
[Apr 17, 2023 3:34 PM] If you hold crypto that has appreciated in value for more than one year, you won't need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes.
[Apr 13, 2023 10:59 AM] You might think that new tax reporting rules for exchanges should mean less work for the taxpayer, but it’s the opposite, says CPA Kirk Phillips.
[Apr 12, 2023 11:30 PM] Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto…
[Apr 12, 2023 3:40 AM] According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year.
[Apr 11, 2023 3:54 AM] Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
[Apr 10, 2023 5:29 PM] A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.
[Apr 5, 2023 8:00 AM] In total, 27 Ethereum projects joined the initiative as launch partners, which includes Balancer, Gnosis DAO, Shapeshift, and StakeDAO, to name a few.
[Apr 1, 2023 3:30 PM] Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining…
[Apr 1, 2023 4:30 AM] Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized…
[Apr 1, 2023 12:08 AM] Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.
[Mar 30, 2023 9:29 AM] The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining.
[Mar 21, 2023 11:00 AM] Those wishing to offer feedback to the IRS on having NFTs treated as collectibles, such as coins or works of art, have until June 19 to submit comments.
[Mar 21, 2023 8:56 AM] Digital proofs of ownership will be taxed like the underlying assets until rules on how to treat assets in retirement accounts are finalized
[Mar 20, 2023 11:30 PM] The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These…
[Mar 17, 2023 10:30 PM] The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to…
[Mar 17, 2023 3:45 AM] The recent national budget, published by His Majesty's Treasury, announces the amendment of the self-assessment forms for crypto assets.
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