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Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike


Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency...

NYC Mayor Goes Full Crypto With Council Launch and Tax Plan


New York City unleashes crypto ambitions as Mayor champions tokenization, fintech jobs, and blockchain-powered city services in bold new vision. Mayor Eric Adams Unveils NYC’s Digital Asset Future at First Crypto Summit At the first New York City Crypto Summit held on May 20, Mayor Eric Adams...

Australian court ruling could lead to $640M in Bitcoin tax refunds


A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...

Australian court ruling could lead to $640M in Bitcoin tax refunds


A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...

Argentina Announces Tax Cuts for Mobile Phones and Electronics


The Argentine government announced a series of tax and import rate cuts affecting electronic devices and mobile phones. Manuel Adorni, the spokesperson for President Milei’s administration, announced that the import tariff for mobile phones will be slashed from 16% to 0, democratizing access...

Polymarket Bettors Put 56% Odds on Trump Eliminating Capital Gains Tax


Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently...

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