Taxes
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Everything You Need to Know About Crypto Capital Gains Tax in Germany, Italy, and France
In many European countries, when crypto traders and investors realize profits, they are required to pay capital gains tax. Different…
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Richard Teng Denies Nigeria’s $26B Revenue Claim Ahead of Court Hearing
Key Insights: Binance’s Richard Teng refutes Nigeria’s $26B revenue claim, clarifying actual transaction volume at $21.6B in 2023. Teng disputes…
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Blockchain Activists Unite Against Privacy Violations Associated with IRS Crypto Tax
The Chamber of Digital Commerce (CDC) recently shared the idea of a separate crypto tax declaration as a mandatory requirement…
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Donald Trump Praises Crypto as He Vows to Become the ‘Crypto President’
Former US President Donald Trump has accelerated efforts in regard to crypto advocacy. The decision was part of the election…
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Binance’s Bribery Allegations Against Nigeria May Affect Foreign Investments into the Country
Nigerian local authorities arrested two Binance visiting executives under the pretext of tax evasion. The executives made the visit to…
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Crypto Exchange OKX Suspends Its Services in India Due to Regulatory Issues
Indian regulators are cracking down on the local cryptocurrency sector by introducing stricter regulations. It is reported that OKX exchange…
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A Comprehensive Guide to Crypto Taxation in the UK
In most countries, when you invest in crypto and realize profits, they will be subject to taxes. In this guide,…
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India’s Cryptocurrency Taxation: Policies and Regulations Explained
Cryptocurrencies emerged in 2009, marking over a decade of their existence. They have gained significant popularity and a broad user…
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Apple India Halts Binance and 9 Other Crypto Trading Platforms Following FIU Notice
The Apple application store in India has halted various cryptocurrency trading platforms. The decision was made following orders from the…
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Kyrgyzstan Sees an Increase in Taxes Generated from Crypto Mining
In a recent update, the government of Kyrgyzstan saw an impressive increase in crypto activities. A report featured on Kyrgyzstan’s…
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Japan to Remove Corporate Tax on Unrealized Cryptocurrency Profits
DeFi and blockchain services providers around the world have limited clarity when it comes to the regulatory process. However, most…
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Brazil Introduces New Crypto Tax Law for Overseas
Legislators in Brazil have added cryptocurrency taxation laws to the legal framework of the country. As per the latest updates,…
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FTX Challenges IRS Over $24 Billion Tax Bill in Bankruptcy Proceedings
FTX lawyers are vigorously challenging the Internal Revenue Service’s (IRS) staggering $24 billion tax claim. This challenge introduces a significant…
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Kraken to Provide Consumer Details to IRS by November
The prominent crypto exchange Kraken recently declared to abide by a court order. As a result of this, the platform…
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EU Council Embraces New Directive Regarding Crypto Tax Data Sharing
Significant Steps To Regulate Crypto Tax The European Union (EU) has announced a significant change in regulating crypto-assets within the…
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FTX Files Legal Action Against SBF’s Parents Over Fiduciary Duties Breach
FTX, the bankrupt cryptocurrency exchange, along with its affiliated entities, has reportedly sued the parents of the former CEO of…
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