Taxes
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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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Japanese Government Approves Startups’ Crypto Fundraising Move
The Japanese government recently announced easing its strict stance against fundraising using cryptocurrency. With the latest development, startups can now…
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G20 Wants Urgent Implementation of Crypto Tax Rules
G20 summit for 2023 was hosted by India. The event amassed controversy with reports of China boycotting attendance. However, the…
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OKX Eyes Indian Expansion to Redefine Web3 Ecosystem
The Seychells-based crypto exchange OKX has revealed plans to enter the Indian crypto market. An official announcement from the crypto…
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Will XRP Price Gain Momentum Following New Exchange Listing?
Reports indicate that XRP, Ripple’s native currency, is now listed on the BIT cryptocurrency exchange. This move follows the latest…
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Argentine Pro-Bitcoin Candidate Wins Primary Elections; Why Is This Important?
In an unexpected turn of events, Argentina’s recent primary elections have exposed a significant upheaval in its political scene following…
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