The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss […]
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains […]
Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold after 12 months of acquisition. The Federal Ministry of Finance (BaFin) published a 24-page document […]
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A […]
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the […]
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries. The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President […]
Blockchain and virtual currencies are set to become vital part of the Argentine capital’s 12-step digital transformation effort. The capital of Argentina and an agglomeration with more than 12 million citizens, Buenos Aires will make […]
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax […]
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan […]
The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. The Central African Republic (CAR) has become the […]
With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty’s Treasury’s recent announcements be a game changer? As the 2021-2022 United Kingdom tax year finished on April 5, 2022, Her Majesty’s […]
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. Residents of the archipelago nation, the Bahamas, may soon be […]
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. Residents of the archipelago nation the Bahamas may soon be […]
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to […]
Amendments to the tax code have passed the first round of parliamentary consideration in February. In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance […]
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