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Nalezeno "us crypto": 75718

Russia ‘Suspends’ Crypto Legislation, Blames FAFT Ruling for Delay


The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF). New agency Tass reports that the legislation – which had been slated for a second reading in...

Israeli Court Rules Bitcoin Is an Asset


An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...

Internal Revenue Service is All Set to Release Crypto Tax Guidelines


The Internal Revenue Service recently announced that it would be fixing the new guidelines for tax on crypto. Because the IRS identifies crypto as property and not currency, it is because it is taxable to purchase and sell crypto. Consequently, tax rules which apply for property transactions, such...

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