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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...

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...

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

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 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...

9 Crypto Dashboards You Can Use to Manage Your Digital Assets

10.2.2022
  Crypto dashboards have emerged in the last few years to enable digital asset investors to manage their portfolios in one place. Read on to discover a list of the most popular crypto portfolio management dashboards.... Read More: 9 Crypto Dashboards You Can Use to Manage Your Digital Assets

Puerto Rican Treasury Department Aims to Tax NFT Sales

10.2.2022
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also...

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