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Korean Finance Minister vows crypto taxes starting 2022

Andjela Radmilac · 1 week ago · 2 min read

El Salvador reportedly grants tax exemptions for Bitcoin (BTC) investors

In a move aimed towards attracting investors, authorities in El Salvador are reportedly set to exempt them from all forms of capital gains and income tax related to Bitcoin.

Oluwapelumi Adejumo · 2 weeks ago · 2 min read

Crypto sees potential trouble as US blocks changes to infra bill

The House Rules Committee has blocked infrastructure bill changes and voted 220-212 to lock in the procedure, with a resolution approved on Tuesday afternoon.

Ana Grabundzija · 1 month ago · 2 min read

Cardano (ADA) founder calls for action to combat Senate bill

Cardano (ADA) founder Charles Hoskinson recently addressed the new provision in the bipartisan bill that proposes stricter tax regulation on crypto transactions, intended to contribute to the historic infrastructure funding.

Ana Grabundzija · 2 months ago · 2 min read

US senators eye the crypto market for potential $28 billion in tax revenue

US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported.

Ana Grabundzija · 2 months ago · 2 min read

Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’

Bitcoin (BTC) and other cryptocurrencies bought from exchanges outside the country could cost Indian investors additional tax, while the tax department is looking into whether crypto falls subject to the 2% equalization levy, reported the Economic Times.

Ana Grabundzija · 3 months ago · 2 min read

El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country.

Shaurya Malwa · 4 months ago · 2 min read

U.S. state of Colorado considers tax payments via crypto

The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent.

Ana Grabundzija · 4 months ago · 2 min read

54% of Koreans say they support crypto taxes

A new survey in South Korea has shown that 53.7% of respondents support the upcoming implementation of capital gain taxes on profits from crypto trading, local outlet Yonhap News Agency reported today.

Liam Frost · 5 months ago · 1 read

Korea’s financial watchdog orders employees to disclose crypto holdings

The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has ordered the regulator’s employees involved in digital assets-related policymaking to disclose their crypto holdings by May 7, local outlet The Korea Times reported today.

Liam Frost · 5 months ago · 2 min read

Korea weighs delaying crypto taxation laws to appeal to young voters

South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today.

Shaurya Malwa · 5 months ago · 2 min read

Korean tax officers seize $22M in crypto directly from exchange accounts

South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.

Liam Frost · 5 months ago · 2 min read

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken.

Liam Frost · 6 months ago · 2 min read

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express.

Shaurya Malwa · 6 months ago · 2 min read

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).

Samuel Wan · 7 months ago · 2 min read

Edge

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.

Shaurya Malwa · 1 year ago · 3 min read

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.

Shaurya Malwa · 1 year ago · 2 min read

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.

Adam Efrima · 2 years ago · 4 min read

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Seattle-based cryptocurrency tax analysis firm ZenLedger has raised $3.35 million in a seed round after processing more than $1 billion crypto transactions.

News Desk · 2 years ago · 2 min read

Crypto-to-crypto trades remain tax exempt, says French finance minister

Crypto-to-crypto trades will remain tax exempt, iterated French finance minister Bruno Le Maire.

Mitchell Moos · 2 years ago · 2 min read

Cardano (ADA) DeFi ecosystem gets a $100 million boost via EMURGO

Why Binance Smart Chain and PancakeSwap remain an important part of DeFi

Over $1 billion worth of Ethereum (ETH) now burned after EIP-1559 update

Vitalik Buterin: Ethereum (ETH) scalability has increased by a factor of 5

Iconic James Bond ‘007’ franchise jumps on the NFT bandwagon

Snoop Dogg is rebuilding his real-life mansion in The Sandbox NFT metaverse

There’s now fewer liquid Bitcoin to purchase than at 2018’s ‘generational lows’

Ripple (XRP) has no plans to settle SEC lawsuit. It’s prepared to go to trial

What now for Bitcoin (BTC) as mining hashrate rises twice in the last 90 days

Where now for Dogecoin as the Shiba Inu-inspired token continues to slide?

Kusama parachain Moonriver records 1 million transactions in just 3 weeks

Latest Taxes News

Korean Finance Minister vows crypto taxes starting 2022

El Salvador reportedly grants tax exemptions for Bitcoin (BTC) investors

Crypto sees potential trouble as US blocks changes to infra bill

Cardano (ADA) founder calls for action to combat Senate bill

US senators eye the crypto market for potential $28 billion in tax revenue

Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’

El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

U.S. state of Colorado considers tax payments via crypto

54% of Koreans say they support crypto taxes

Korea’s financial watchdog orders employees to disclose crypto holdings

Korea weighs delaying crypto taxation laws to appeal to young voters

Korean tax officers seize $22M in crypto directly from exchange accounts

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why

Algorand and Blockchain.com users can now report taxes and transactions via a new tool

The top 6 reasons to start tracking your crypto

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Crypto-to-crypto trades remain tax exempt, says French finance minister

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Latest Taxes News

El Salvador reportedly grants tax exemptions for Bitcoin (BTC) investors

Crypto sees potential trouble as US blocks changes to infra bill

Cardano (ADA) founder calls for action to combat Senate bill

US senators eye the crypto market for potential $28 billion in tax revenue

Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’

El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

U.S. state of Colorado considers tax payments via crypto

54% of Koreans say they support crypto taxes

Korea’s financial watchdog orders employees to disclose crypto holdings

Korea weighs delaying crypto taxation laws to appeal to young voters

Korean tax officers seize $22M in crypto directly from exchange accounts

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why

Algorand and Blockchain.com users can now report taxes and transactions via a new tool

The top 6 reasons to start tracking your crypto

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Crypto-to-crypto trades remain tax exempt, says French finance minister