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…
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…
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…
G20 Wants Urgent Implementation of Crypto Tax Rules
Hassan Mehmood (Saudi Arabia)G20 summit for 2023 was hosted by India. The event amassed controversy with reports of China boycotting attendance. However, the…
OKX Eyes Indian Expansion to Redefine Web3 Ecosystem
Kimberly CrainThe Seychells-based crypto exchange OKX has revealed plans to enter the Indian crypto market. An official announcement from the crypto…
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…
Russia Set to Begin CBDC Trials in Mid-August
On Thursday, August 9, the Bank of Russia (BoR) announced the official start dates for the central bank digital currency…
IRS Considers Staking Rewards as Taxable Income in New Revenue Ruling
A recent publication by the US revenue regulators Internal Revenue Service (IRS) revealed that the staking rewards generated from crypto…
Arkansas Counties Seeking to Approve Noise Regulations for Crypto Miners
An advanced "Arkansas Democrat-Gazette" report revealed that policymakers from the 75 counties of Arkansas are seeking to pass an emergency…
Kraken Starts A Legal Fight With IRS To Protect Its Customers’ Privacy
Kraken, a famous crypto exchange that is based in San Francisco, is experiencing hard winds amid a legal fight with…
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Binance’s Changpeng Zhao Predicts Next Bitcoin Price Rally
The Binance founder and CEO believes that the next Bitcoin bullish momentum is on the horizon as the industry prepares…
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Court Orders Kraken To Reveal User Data In IRS Legal Battle
Kraken Exchange, one of the prominent centralized cryptocurrency exchanges, has found itself at the center of a legal battle as…
Japan Exempts Token issuers From Incurring 30% Tax on Unrealized Crypto Gains
The partial amendment to the corporate tax guidelines by Japan's National Tax Agency (NTA) is offering a new treatment for…
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Crypto Tax Compliance: Tracking And Reporting In The US
With the global crypto adoption rate surging, the United States Internal Revenue Service (IRS) has responded to this rising demand…
Nigeria Imposes 10% Tax on Capital Gains from Crypto
Legislators in Nigeria have implemented new laws on local cryptocurrency trading practices. The new regulations have now levied a 10…