Category: Taxation
Cryptocurrency Taxation
Buying Bitcoin And Ethereum In The UK: A Comprehensive Guide
Understanding the legalities, storage options, and investment avenues is crucial for making informed decisions within the cryptocurrency market. This guide explores safe ways of buying…
Balancing Crypto Losses On Tax Filings In The US, UK, Canada
Navigating cryptocurrency taxation presents a complex landscape for investors globally. Therefore, understanding how crypto losses impact tax liabilities in countries like the US, UK, and…
Blockchain Association Push Back Against IRS’s Proposed Broker Rules
The Blockchain Association, a cryptocurrency advocacy group in the United States, sent a letter opposing the IRS’s proposed tax rules. The crypto advocacy group urged…
Stablecoins Dominate Brazil’s Crypto Transactions With USDT, The Leading Performer
The Special Department of Federal Revenue of Brazil, also known as Receita Federal (RFB), deals with taxes and revenue and has just released some crucial…
Madeira Unveils Development Plans For Bitcoin Innovation Hub
The regional government of Madeira, the Portuguese autonomous region, is embarking on an ambitious initiative to create a Bitcoin business hub to bolster innovations. The…
Top 10 Tax Haven Countries for Crypto Investors
The quick and simple answer to this question is yes. Cryptocurrencies have been around since 2009. It has eventually morphed into a multi-trillion dollar industry….
How to Invest in Crypto via Retirement Account
Cryptocurrencies offer all the financial services that are present in the traditional financial sector. At the same time, the blockchain sector has emerged as a…
How to Buy Bitcoin with Cash App? A Beginner’s Guide
Introduction Investing in cryptocurrencies can be a tough and complicated process. However, Cash App can make the process very easy by offering a simple purchasing…
PM Modi Calls For Uniform Global Crypto Regulatory Framework
During the annual G20 summit, Indian Prime Minister Narendra Modi emphasized the importance of global cooperation in developing comprehensive cryptocurrency regulations. With India currently at…
Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why
The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…
Oman Unveils $350M Crypto Mining Facility To Boost Economic Growth
The oil-rich Sultanate of Oman has launched its second crypto-mining center in just over ten months. The crypto mining facility is part of the country’s…
Spot Bitcoin ETFs Could Cause A Spike In BTC Investment – NYDIG
According to NYDIG’s latest research, spot Bitcoin exchange-traded funds (ETF) can trigger a massive $30 billion influx in demand. The race for launching a Bitcoin…
Israel Proposes New Legislation To Exempt Foreigners From Crypto Tax
A new development has emerged in Israel, as foreign residents may soon be exempted from capital gains taxes when making digital currency transactions. The promising…
Crypto Tax Guide: All You Need To Know
Introduction Cryptocurrency taxation laws vary from one country to another. In this article, readers will learn about the crypto taxation rules that are enforced by…
Ripple And Colombia’s Central Bank Partner To Expand Blockchain Adoption
One of the world’s leading blockchain firms and developers of XRP Ledger (XRPL) technology, Ripple, has announced a new partnership with Banco de la República,…
KuCoin Announces Support For Terra Classic’s Burn Tax Initiative
One of the top global crypto exchanges, KuCoin, recently announced its support for Terra Classic’s LUNC burn tax program. Based on the new policy, the…
US Department Of Justice Double Down On DeFi Attackers – Report
The crypto cop at the United States Department of Justice (DoJ) is intensifying efforts to combat hackers and exploiters within the Decentralized Finance (DeFi) space….
Marathon Digital Receives Another Subpoena From SEC
Marathon Digital, a company involved in Bitcoin mining, recently revealed that the US SEC had issued another subpoena for operating its data center in Hardin,…
New Study Shows Only 0.5% Of Cryptocurrency Investors Paid Their Tax Last Year
Divly, a crypto tax platform based in Sweden, has issued an exclusive report that evaluates that just 0.53% of crypto investors around the world recompensed…
El Salvador Planning to Eliminate Tax on Innovation and Technological Development
An official announcement from the President of El Salvador Nayib Bukele revealed that the crypto-friendly country would remove taxes imposed on technological development. President Bukele…
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