Taxes
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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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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…
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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…
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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…
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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…
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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…
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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…
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Crowdfunding Company InQubeta Starts QUBE Presale
A prominent crypto crowdfunding company InQubet has recently announced that the platform will begin an innovative ecosystem driven by its…
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‘The Bitcoin Standard’ Author Appointed As El Salvador’s Economic Advisor
On May 30, El Salvador’s National Bitcoin Office (ONBTC) confirmed the appointment of Saifedean Ammous, the man behind the famous…
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