Andjela Radmilac · 11 hours ago · 3 min read
U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto
Wyden-Lummis duo reacts to amend the new cryptocurrency reporting rules laid out in the controversial provision.
Korean Finance Minister vows crypto taxes starting 2022
The country's ruling party is fighting a battle with the Ministry of Finance over the implementation of a new crypto tax law.
Crypto sees potential trouble as US blocks changes to infra bill
Despite calls from Democrats and Republicans to revise the cryptocurrency tax proposal, the House Rules Committee agreed on restricting amendments for the controversial infrastructure bill.
Cardano (ADA) founder calls for action to combat Senate bill
Hoskinson, who already warned about the new bipartisan infrastructure bill, calls for joint efforts to halt the attack on the crypto industry.
US senators eye the crypto market for potential $28 billion in tax revenue
The Senate proposes stricter crypto taxes to fund a portion of the US $550 billion investment into infrastructure.
Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’
The equalization levy could make cryptocurrencies more expensive for Indian users and exchanges.
El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs
The tiny country wants to recognize Bitcoin as ‘legal tender.’ And there’s some more perks for those looking to move.
U.S. state of Colorado considers tax payments via crypto
Governor Polis wants Colorado to be the first state allowing tax payments “in a variety of cryptos.”
54% of Koreans say they support crypto taxes
South Koreans in their 40s and 50s were among the strongest supporters of the upcoming crypto capital gains tax.
Korea’s financial watchdog orders employees to disclose crypto holdings
South Korea’s financial regulator wants to make sure that crypto-related policymakers are not abusing their positions.
Korea weighs delaying crypto taxation laws to appeal to young voters
The otherwise crypto-friendly country has taken on a newer tone for the sector in the past weeks.
Korean tax officers seize $22M in crypto directly from exchange accounts
South Korean tax authorities have tracked down crypto holdings that belonged to more than 1,500 tax evaders.
IRS gets access to crypto exchange Circle’s user data, targets Kraken next
The Internal Revenue Service wants to "ensure that cryptocurrency owners are paying their fair share of taxes."
Despite no laws, Indian minister says traders must pay taxes on Bitcoin
The country has enjoyed a rocky relationship with cryptocurrencies and the industry has largely operated in a legal grey area so far. But times are changing.
U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors
United Kingdom crypto investors braced themselves for significant changes in the treatment of Capital Gains Tax (CGT).
South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why
South Korean economists aren’t happy with the government’s proposal to tax Bitcoin and other cryptocurrencies, days after reports suggested the latter.
Algorand and Blockchain.com users can now report taxes and transactions via a new tool
Algorand and Blockchain dot com are getting a much-needed boost, the two firms are integrating with a crypto accounting and tax platform to help users easily manage financial implications on decentralized transfers and crypto storage.
The top 6 reasons to start tracking your crypto
There is an abundance of new and existing crypto tokens, coins crypto wallets, service providers and decentralized financial instruments powered by blockchain.