Posted in Bitcoin (BTC) BlockChain News Regulation Taxation U.S

US Treasury Department Postpones Cryptocurrency Tax Reporting Rules

A prominent series of rules over the reporting of crypto tax is facing a delay till any further notice in line with a decision specified…

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Posted in Bitcoin (BTC) Cryptocurrency Exchanges News Regulation Taxation

Two Local Cryptocurrency Stores In Uzbekistan Receive Regulatory Approvals

As Uzbekistan is preparing to adopt a unique crypto agenda in the coming year, the regulators in the country have initiated releasing regulatory authorizations to…

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Posted in Decentraland (MANA) Metaverse News Taxation Web3

Tuvalu Steps Into the World Of Metaverse

South Pacific-based island country named Tuvalu is determined to utilize Web3 technology and preserve the society and culture of the area in the future. Simon…

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Posted in Bitcoin (BTC) Cryptocurrency ETF / Bitcoin ETFs News Regulation Taxation

Argentinian Tax Authority Wins Case For Confiscating Funds From Digital Account

A historic win was recorded by the tax authority in Argentina in regard to a case of seizing the funds from a digital account that…

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Posted in News Taxation

Texas becomes new crypto capital following ban on china

When cryptocurrencies started to become popular, the first thing that people started to consider was how they would gather them. Seeing how these tokens only…

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Posted in News Taxation

Owners of Crypto Firms Found Guilty of Evading Taxes Plead Guilty

Multiple owners belonging to a single crypto firm ended up raising more than $20 million. Believe it or not, they raised this amount from over…

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Posted in Bitcoin (BTC) BlockChain Cardano (ADA) DeFi Ethereum Cryptocurrency Exchanges News Regulation Taxation Wallets

You Can Use Top Cryptos to Pay for Your Tattoo Inking

Devilz Tattooz firms declared working with cryptocurrency exchanges such as Trust wallet and WazirX to accept crypto payments in its tattoo business. Though the Indian…

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Posted in BlockChain Buying Cryptocurrency News Taxation U.S

US Tax Reporting Plan Brings in A Milestone For The Crypto Sector

The cryptocurrency industry pushed hard for a small portion of the $1 trillion infrastructure package, marking a significant step forward in the sector’s presence in…

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Posted in Altcoins Bitcoin (BTC) News Regulation Taxation U.S

Report: US Treasury Department Is Set To Clarify Cryptocurrency Tax Reporting Rules In Infrastructure Bill

The Treasury Department of the United States is reportedly looking for the brokers’ definition in the recently submitted infrastructure bill, which was approved by the…

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Posted in Altcoins Bitcoin (BTC) News Regulation Taxation

South Korean Authorities Tighten Their Crackdown On Cryptocurrency Tax Evaders

The South Korean authorities are considering revising the country’s tax laws to allow financial officials to confiscate cryptocurrency assets kept by the tax evaders. Regulations…

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Posted in Altcoins Bitcoin (BTC) Kazakhstan News Regulation Taxation

Government Of Kazakhstan Signs A New Law That Will Tax Crypto Mining From Next Year

Kazakhstan has enacted new taxes regulations for the bitcoin mining business. Businesses have disapproved of the latest policy by the government. The country’s government has…

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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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Posted in Taxation

Cryptocurrency Taxation: Essential Information You Should Know About Cryptocurrency and Taxes

Are Cryptocurrencies Taxed? It seems as if 2018 is going to be a year of breakthrough concerning the taxing and IRS cryptocurrency benefits. The IRS…

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