Taxes
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Dutch Central Bank Imposes a $3.5M Penalty on Coinbase for Non-Compliance
The Dutch central bank has alleged that Coinbase’s European branch has been operating in the Netherlands despite failing to meet…
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Arizona Considers Removing Crypto From Property Tax
At the initial meeting of the Arizona State Senate for the year 2023, Senators Sonny Borrelli, Wendy Rogers, and Justine…
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Cointracker And Bookkeeping Firm Partner To Ease Tax Filing For Crypto Users
CoinTracker, a crypto portfolio tracker and tax calculator, announced its collaboration with By The Book Accountancy, a UK accounting firm,…
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Ripple to Host a Panel Discussion On Digital Pound; Here’s What’s Known
Ripple is hosting a panel discussion on the digital pound, the digital version of the British pound, and the effects…
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Terra’s Lead Developer Proposes Compensation for Investors Affected by the Tax Burn Activation
Terra Classic (LUNC) investors may be in for some good news, as head developer Edward Kim announces a proposal to…
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Digital Asset Observers Maintains Risk Sentiment Stance Amid Looming US Debt Ceiling
Following last week’s warning by the US Treasury Secretary that the federal government is about to attain its statutory debt…
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Cryptocurrency: A Game Changer for Finance and Commerce, But What Are the Risks?
In recent years, cryptocurrency has received a lot of attention as a digital alternative to traditional fiat currencies. Because these…
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Stagflation – What Is It And How Does It Affect Crypto Markets?
Over several years, economic experts believed that stagflation was impossible because of the dominance of economic laws. The phrase firstly…
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Japan’s National Tax Agency Reveals New Guidelines For NFT Tax
According to reports, Japan has joined a list of countries updating their guidelines for NFT taxation. Last year, Japan decided…
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Nexo Facing Investigation by Bulgaria Authorities for Alleged Money Laundering and Tax Offenses
Bulgarian authorities announced subjecting crypto lender Nexo to large-scale investigations alleging computed-related fraud, money laundering and tax offenses. The Bulgarian…
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India CEXs To Lose $1.2T Trading Volume To Foreign CEXs By 2026 – Report
India’s centralized exchanges (CEXs) lost about $3.85 billion in trading volume since the regulator enacted a 30% crypto tax in…
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IRS Wants To Work With Cryptocurrency Firms To Combat Financial Crimes
An IRS special agent informed Wall Street Journal about the agency’s intent to operate in collaboration with crypto firms to…
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Indians Move $3.8B To Foreign Exchanges Since Crypto Tax Rules, Study Shows
Since the crypto law which imposes taxes on cryptocurrency transactions in India, it appears that investors are deserting their local…
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Peter Schiff Laughs At BTC Holders As MicroStrategy Sells 700 BTC
On December 30th, Peter Schiff, a well-known Bitcoin critic, mocked BTC holders who hoped BTC’s price would increase in 2023.…
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Crypto Traders Subject To 26% Capital Gains Tax In Italy’s New Policy
The Italian government has approved a 26% crypto capital gains tax policy that will apply to all crypto enterprises and…
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Microstrategy Adds 2500 Bitcoins To Its Already Stacked Bitcoin Portfolio
Despite the thickening crypto winter, MicroStrategy, a business intelligence firm, has acquired more Bitcoins. It has acquired a total of…
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