Read crypto tax news, reporting rules, compliance guidance, audits, and policy changes affecting digital asset holders and businesses.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
Abdulrasaq Ariwoola 3 min read 
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.
Indians who received the LUNA 2.0 token via airdrop may have to part with as much as 30% of it due to the crypto tax policy in the country.
The wider crypto market downturn has investors, who didn't cash out when times were booming, panicked over how to meet tax obligations.
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).
Two bills intended to introduce taxation for crypto have been rejected by Portuguese Parliament
IRS is interested in crypto as it has added questions about cryptocurrency and digital assets to its US Individual Income Tax Return form (Form 1040).
Finance Minister for Portugal, Fernando Medina, confirms that Portugal will no longer be a tax haven for cryptocurrency
