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Tax Agency Starts Checking Crypto Traders in Romania
3.7.2022
Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million...
Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate
26.5.2022
Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
14.5.2022
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germany The German Ministry of Finance announced Wednesday that it has published...
Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021
25.4.2022
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled...
Thanks to DeFi, Ethereum Edges Out Bitcoin in Global Realized Crypto Gains
21.4.2022
Ethereum (ETH) edged out bitcoin (BTC) in a ranking of the top cryptoassets by realized gains in the world, with USD 76.3bn taken out in fiat profits last year, compared with USD 74.7bn in realized profits for bitcoin, according to blockchain intelligence firm Chainalysis....
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US investors realized 6X more crypto gains in 2021 than next country
21.4.2022
Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six
What to do after getting rich from crypto: Community answers the ultimate question
7.4.2022
From disappearing into the wind to exploring the world, the crypto community shares their thoughts on what to do after cashing out enough gains to sustain a lifetime
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 as Crypto Gains Encounter Resistance
23.3.2022
Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of writing,...
Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking
9.3.2022
PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely...
KICK․IO Launchpad: The New Haven of Cardano “Venture Capitalists”
22.1.2022
Crypto gains are not as good as they once were. The much-anticipated journey towards a more mature crypto space has been accompanied by a noticeable slide in the previously exponential returns that excited both retail and institutional investors alike. In the current investment climate, the more...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
13.1.2022
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income...
How to Shield Your Crypto Gains and Avoid Getting Audited for Your Crypto Trades in US
31.12.2021
The article is written by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin.
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Mad Money Jim Cramer ‘Begs’ Crypto Investors to Take Profits — Says ‘I Don’t Want You to Lose Money’
23.9.2021
The host of Mad Money, Jim Cramer, is begging crypto investors to take profits on any crypto gains in their portfolios. “I’m begging you to. Don’t let it become a loss,” he said, emphasizing, “I don’t want you to lose money.” Mad Money’s...
Binance Australia partners with Koinly for tax reports as ATO ramps up compliance
22.7.2021
The taxman commeth for Australian crypto investors and Binance wants to help them out
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
Meitu loses $17.3M on Bitcoin, gains $14.7M on Ether
8.7.2021
Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn
Double-digit crypto gains and trading volume — what's the connection?
1.7.2021
Unusually high trading volume can be an indication that a crypto asset's price is on the rise
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
29.5.2021
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers...
Fintech Heavyweights Revolut, Robinhood Gun for More Crypto Gains
9.4.2021
Major fintech players are stepping up their crypto game in an apparent bid to attract new customers to their platforms, with the UK-based Revolut adding support for 11 additional coins, including cardano (ADA) and decentralized finance (DeFi) offerings like uniswap (UNI) – and the USA-based...