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Czech gov’t moves to exempt crypto held for 3+ years from being taxed
6.12.2024
The Prime Minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years
Court Filing: Bitcoin Advocate Roger Ver Argues Government Overreach in Tax Case, Seeks Dismissal
5.12.2024
Roger Ver, a prominent figure in the cryptocurrency world known as “Bitcoin Jesus,” has filed a motion to dismiss an eight-count U.S. tax indictment, claiming unconstitutional government overreach and misuse of evidence. Roger Ver Seeks Dismissal of U.S. Tax Indictment Roger Ver,...
Missouri bill would ban CBDCs, make gold and silver legal tender
4.12.2024
Missouri lawmakers have been trying hard to pass an anti-CBDC bill, and one of these days they may succeed
Binance, WazirX among crypto firms evading taxes in India, says gov’t
4.12.2024
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said
Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’
4.12.2024
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.”
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
1.12.2024
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party
Putin Passes New Tax Laws for Crypto Amid Bitcoin Surge Towards $100K
29.11.2024
Russian President Vladimir Putin has signed a new law that regulates the taxation of digital currencies, marking a…
Hong Kong Seeks Crypto Hub Status With Tax Breaks
29.11.2024
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals...
Hong Kong Eliminates Crypto Taxes to Attract Hedge Funds
29.11.2024
Hong Kong is making waves in the global financial market by proposing to eliminate capital gains taxes on…
Hong Kong proposes tax breaks to attract crypto hedge funds, investors
28.11.2024
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness
Russian gov’t approves new crypto taxation framework
28.11.2024
The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
28.11.2024
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house...
SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded
25.11.2024
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement
Australia consults on adopting OECD crypto reporting framework
24.11.2024
Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.
Flat Tax Frenzy: Americans Debate Tax Code Overhaul on X
24.11.2024
Conversations about adopting a flat tax in the United States are lighting up the social media platform X. 16 Million Words Too Many? Department of Government Efficiency Sparks Flat Tax Debate The debate hit a fever pitch after the Department of Government Efficiency (DOGE), spearheaded by prominent...
Australia Seeks Public Input on Crypto Tax Reporting
22.11.2024
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s...
Japan passes stimulus package, commits to crypto tax reform
20.11.2024
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
20.11.2024
South Korea’s Democratic Party argued that increasing the threshold to 50 million won ($36,000) would mean only big players would be affected.
Russia Approves 15% Tax on Crypto Trading and Mining Income
19.11.2024
The Russian government has reportedly approved some draft changes to a crypto tax bill which proposes to levy…
Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to Businesses
19.11.2024
Coinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses. Coinbase’s CEO Challenges America’s Tax Code Chaos With Controversial Idea Brian Armstrong, CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN),...