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Nalezeno "30% tax": 2448

Are NFTs being used for money laundering? Yes they are claims Mr. Whale

13.8.2021
NFT’s could be a vehicle to legitimize ill-gotten gains for the crypto elite

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition

13.8.2021
Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill

Australian crypto users will have access to tax reporting services through Crypto.com

12.8.2021
Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange

Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B

12.8.2021
The company said some of the funds would be used to open new offices in the United States and the United Kingdom

Iran’s tax authority wants to legalize crypto exchanges

12.8.2021
The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly

Japanese Crypto Sector Launches Consolidated Tax Reform Bid

12.8.2021
Two of Japan’s biggest crypto business groups have launched a joint bid to persuade the government to revise its crypto tax laws. Japanese law currently stipulates that crypto traders must pay levies of up to 55% on their profits. However, a number of players in the sector – as some opposition...

Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges

12.8.2021
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax collection. Tax Agency Wants to Obtain User Data From...

Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation

11.8.2021
COIN exceeded earnings estimates but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow on Coinbase's growth

$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements

11.8.2021
The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be...

Congress’s Misstep on Crypto Reporting Shows the Dangerous Allure of Surveillance

9.8.2021
The visceral pushback to Sen. Rob Portman's reporting requirements isn't about avoiding taxes – it's about protecting digital liberties

Unchanged crypto tax bill will be put to a vote on Tuesday

9.8.2021
Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday

US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’

8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...

Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

8.8.2021
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official...

US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto

7.8.2021
U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said. US Senator Urges Lawmakers Not to Crush Crypto Innovation Following...

Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report

7.8.2021
U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House subsequently announced its support for a competing amendment. Yellen Exerting...

White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill

6.8.2021
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White...