Posted in China News Regulation Taxation

More Than 1,100 Suspects Arrested by Chinese Authorities for Money-Laundering via Crypto

When the crypto-industry was launched, the major reason behind its foundation was decentralization. The founder of the first cryptocurrency, Bitcoin wanted to offer a financial…

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Posted in News Taxation

US’s Revenue Collecting Authority Warns Taxpayers of Seizing Their Undisclosed Digital Assets

Internal Revenue Service’s (IRS) top official warned taxpayers that their digital assets would be seized if they were found concealing their digital assets and failed…

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Posted in Altcoins Bitcoin (BTC) News Taxation

BTC Tax Evaders Apprehended by the Korean Authorities

On the other face of the story of Bitcoin adoption, it has been noticed that people are using the digital asset to evade the payment…

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Posted in News Taxation

South Korea Finalizes a 20% Tax on Income Generated From Crypto Trading

The South Korean government will now charge a tax on income made through cryptocurrency trading as the government has finalized a new tax plan today…

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Posted in News Taxation U.S

Cryptocurrency Investors in US Have Started to Receive Letters From The IRS

[finance.yahoo.com] The Internal Revenue Service (IRS) has begun sending letters to over 10,000 U.S. cryptocurrency investors last week, asking them to report their crypto holdings…

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