An official publication on the US Treasury Department website revealed that the revenue regulators’ Internal Revenue Service (IRS) plans on
Category: Taxation
Brazilian Lawmakers Set to Approve Bill to Raise Crypto Taxes
An update featured on the Brazilian news site “examine. Future of Money” revealed that the lawmakers had formulated a bill
Japan Blockchain Association Demands Amendment of Crypto Tax Regulation
An advanced publication issued by the Japan Blockchain Association (JBA) on July 28 revealed that the crypto lawyers in the
IRS Probing Crypto Traders and Fund Manager Taking Advantage of Puerto Rico Tax Breaks
In an advanced announcement, the US revenue regulators Internal Revenue Service (IRS) announced plans to deploy undercover agents to probe
Nigeria Regulators Order Suspension of Binance Operation
An official circular issued by the Nigerian Securities and Exchange Commission on June 9 revealed that Binance failed to comply
Lawmakers Are Still Feeling Pressure of FTX Demise and New Regulations Are Further Delayed
FTX, once amongst the world’s biggest cryptocurrency exchanges going bankrupt, was the world’s biggest crypto news. This single incident has
Portugal’s Parliament Rejects Two Proposals to Tax Crypto
Portuguese Parliament, Assembleia da Republica, seems to have grown a strong opposition against Bitcoin. According to the local media outlets, the
Why Cryptocurrencies Require Regulation
Cryptocurrencies are digital assets without intrinsic value, driven by dicey frenzy. The Indian new crypto bills plan to prohibit private
South Korea Officially Postpones New Tax Regime On Crypto Gains Until 2022
The parliament of South Korea has moved ahead with its plan to amend the cryptocurrency tax rule. The legislative body
Russia to Implement Crypto Tax Before Regulation
After a meeting in the Russian Committee for Digital Economy, it was decided that the federation will implement guidelines for