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Crypto Wants a De Minimis Tax Exemption in the U.S.


The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this...

RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC


US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin. “Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy...

Slovakia to Lower Tax on Income From Crypto Holdings


Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...

Crypto Companies in Japan Get Tax Relief Under Revised Rules


The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...

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