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Argentinian Finance Minister ‘Wants More Crypto Taxes’
21.2.2022
Argentina’s government wants to reform the existing crypto tax laws – and ensure further compliance....
Read More: Argentinian Finance Minister ‘Wants More Crypto Taxes’
We are all going public: Privacy rules, tax shelters and the future history of art
20.2.2022
Nonfungible tokens, or NFTs, exchanges will need to navigate conflicting aims for the required transparency and the desired anonymity
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
18.2.2022
The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv
Ukrainian Parliament Adopts Amended Virtual Assets Law
18.2.2022
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes. Majority of Ukrainian Deputies...
Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call
18.2.2022
As the Japanese crypto scene is sending more signs of adoption and investments, a blockchain business leader is calling for a crypto tax laws reform.
Here's what recently happened in the Land of Rising Crypto Sun.
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Read More: Japanese Gaming Giant Enters Metaverse, BitBank Adds...
US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer
18.2.2022
The U.S. state of Colorado is preparing to accept cryptocurrency for tax payments, said Governor Jared Polis. “We expect to accept crypto by this summer,” he said, adding that after tax payments, crypto will be accepted for other things like driver’s licenses or hunting...
Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading
17.2.2022
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
French Presidential Candidate Pushes For Tax Reform On Crypto, NFTs
16.2.2022
Crypto and blockchain are becoming an important element of the French political narrative, as indicated by recent statements by political newcomer Éric Zemmour, a popular pundit who is running in this year’s presidential election.
The far-right candidate recently tweeted his proposals on crypto...
Colorado governor says he expects state to accept tax payments in crypto by summer
16.2.2022
The governor added that paying taxes in crypto was likely just the first step, with using digital asset payments for certain licenses to follow "within a few months."
Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
16.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
Portugal slowly becoming a 'haven' for European Bitcoiners
16.2.2022
The small, sunny country recently welcomed the Bitcoin Family to its shores; a closer inspection reveals a growing Bitcoiner community basking in a zero tax glow
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People
15.2.2022
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...
Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
15.2.2022
The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms....
Read More: Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
Does Xbox really intend to slice up the platform 'tax'?
14.2.2022
And if so, where is the market headed as a result?
UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First
14.2.2022
As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution.
On HMRC’s initiative, three...
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’
14.2.2022
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies...
UK tax authority makes first NFT seizure in VAT fraud case
14.2.2022
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification
Indian Parliament Member Clarifies Legal Status of Cryptocurrency
13.2.2022
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India. Legal Status of Crypto in India Following the finance...
Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad
13.2.2022
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of the harsher penalties that were declared illegal...