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Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners
24.10.2024
The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe...
‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina
24.10.2024
President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of...
Denmark Proposes 42% Tax on Unrealized Gains from Crypto
24.10.2024
Denmark’s Tax Council has made the headlines by recommending a bold bill that proposes a hefty 42% of…
Bitcoin Capital Gains Tax Set to Rise to 42% in Italy’s 2025 Budget
24.10.2024
In a move that has shaken the crypto community, Italy’s 2025 Budget Law proposes a massive increase in…
X Empire’s TGE and Airdrop Goes Live Today on Bybit
24.10.2024
X Empire, a popular tap-to-earn game which operates on popular messaging platform Telegram, goes live today, October 24,…
Attention SHIB Holders, Double Rewards in $PHIL for ShibArmy
24.10.2024
ShibArmy is “in for a treat” per the official announcement because members have the chance to claim double…
Michael Saylor Charts a Humanitarian Plan of Donating BTC After Criticism
24.10.2024
Michael Saylor, Founder of MicroStrategy, has drafted a plan to donate Bitcoin token holdings for humanitarian causes. This…
Solana Hits $173, Surpassed Ethereum with 4.5M Daily Transactions Fees
24.10.2024
Thanks to the memecoin community, the blockchain Solana outranked Ethereum with daily transaction fees reaching $4.5 Million and…
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Nigeria Drops Money Laundering Charges Against Ex-US Federal Agent
23.10.2024
The Nigerian government has dropped money laundering charges against jailed Binance executive and former U.S. Federal agent Tigran Gambaryan. The Binance executive’s lawyer said the charges were dropped after the court determined that Gambaryan was merely an employee and could not...
Japan slow to approve crypto ETFs, maintains strict tax, regulations
23.10.2024
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
23.10.2024
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased...
As Japan Election Looms, Political Parties Emphasize Need to Reform Crypto Tax Regulations
22.10.2024
Japan’s Democratic Party for the People is trying to attract crypto-conscious voters with tax system reforms. But it’s not alone
Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded
21.10.2024
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin
Mark Cuban Opposes Harris’s Unrealized Gains Tax Plan
21.10.2024
This weekend, Mark Cuban, billionaire and investor made a bold statement about Vice President Kamala Harris, saying he…
Japan’s Democratic Party Leader Promises to Cut Crypto Tax to 20% if Elected
21.10.2024
On October 20, Yuichiro Tamaki, leader of the Democratic Party of Japan, proposed that his party will slash…
Japan political party leader promises crypto tax cuts if elected
21.10.2024
The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to make Japan a Web3 leader
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
21.10.2024
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits
Trial Postponed for Jailed Ex-US Federal Agent After Court No-Show
20.10.2024
A Nigerian court has adjourned the trial of Tigran Gambaryan, a jailed Binance executive, due to his illness. Gambaryan, a U.S. citizen and former federal agent, missed a scheduled court appearance. Nigerian High Court Judge Emeka Nwite postponed the trial to allow the Binance employee to receive...