Taxes
U.S. Treasury wants to include crypto in foreign accounts reporting rules
The Treasury's new proposal suggests that offshore crypto accounts with more than $50,000 should be reported to the IRS.
Liam Frost 3 min read
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Read crypto tax news, reporting rules, compliance guidance, audits, and policy changes affecting digital asset holders and businesses.
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Taxes
President Biden eyes $5 billion revenue from crypto in 2023
US Treasury Department is specifically targeting the crypto industry because it can be used to evade taxes.
Regulation
Behind the bipartisan crypto bill that’s coming to Congress
...and it plans on addressing every pain point of the industry.
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Mining
Kazakh officials seize 360 illegal Bitcoin ASICs amid push for higher mining tax
Kazakhstan continues its "decisive action against gray mining.”
Regulation
If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year
The Russian government has a strong incentive for regulating the crypto market, as authorities estimate collecting up to 1 trillion rubles in taxes each year.
Taxes
What’s the deal with Portugal and why is everybody moving there?
Even the legendary "Bitcoin family" couldn't resist the call of Europe's ultimate crypto tax haven.
Regulation
Russian lawmaker proposes 15% tax on crypto miners
The head of the State Duma Industry Committee Vladimir Gutenev suggests a minimum of 15% tax should be levied on crypto miners.
Taxes
IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else
The IRS may be backing down from a law suite around tax refund for block rewards, but this does not mean the rules have changed, as reported by other media outlets. Lawyers say the IRS may continue to tax rewards as income.
Taxes
No more crypto tax in Thailand
Thailand’s government has been forced to cancel its 15% crypto tax regime.
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Adoption
Rio de Janeiro mayor to allocate 1% of the city treasury to Bitcoin
Taxes
Crypto traders to pay 15% of their gains as tax in Thailand
Technology
Ethereum co-founder makes surprise visit to Argentina, what is Buterin planning?
Regulation