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Nalezeno "crypto profits": 43

Democrats aim at Trump’s crypto profits with a 3-prong pincer move


US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.   The Modern Emoluments and Malfeasance Enforcement Act, or the MEME...

Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax


Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics...

Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System


An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...

Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court


Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court...

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows


A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...

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