2022-5-11 16:00 |
The finance ministry letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis.
2023-5-30 20:12 | |
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President Joe Biden has proposed a tax on cryptocurrency mining to address economic and environmental concerns, but experts are skeptical about its implementation. The proposal, named Digital Asset Mining Energy (DAME) excise tax, would impose a tax of up to 30% on the electricity costs of crypto miners, with increments of 10% over three years […] Сообщение Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining? появились сначала на Coinstelegram.
2023-5-4 12:54 | |
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The Council of Economic Advisers announced that it would push for a 30% DAME tax on crypto mining to combat its effect on the environment. The post Biden Proposes 30% Crypto Mining Electricity Tax to Offset Environmental Impact appeared first on BeInCrypto.
2023-5-3 09:04 | |
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Bitcoin Cash just dodged a hash war after a major mining pool supporting the BCH mining tax reversed its stance on the issue. The post Crypto Killed the Tax Man: Bitcoin Cash Escapes Hash War Over Mining Tax Grenade appeared first on CCN.com
2020-1-29 14:30 | |
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The implementation of the 12.5 percent tax proposal could ultimately destroy Bitcoin Cash (BCH), according to an anonymous group of miners
2020-1-27 19:55 | |
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Bitcoin Cash, the famous fork of Bitcoin, has been the center of crypto-controversy for the past few days, and the reason behind it - one of the proposals presented for the upcoming network upgrade, sThe post Bitcoin Cash developer tax could impact Bitcoin and Bitcoin SV mining ecosystem appeared first on AMBCrypto.
2020-1-27 17:30 | |
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Four Bitcoin Cash pool operators are forcing through a developer tax proposal on mining rewards
2020-1-26 22:18 | |
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The bitcoin cash community has been splintered by the sudden introduction of a 12.5% miner's tax. Is BCH digging its own grave? The post Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax appeared first on CCN.com
2020-1-23 18:36 | |
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A bizarre infrastructure funding proposal for Bitcoin’s foremost offshoot, BCH has landed it the ‘centralized crypto’ label from the community. Bitcoin Cash Mining Tax A controversial funding proposal from the CEO of the largest BCH mining pool has raised concerns of centralization among the wider crypto community.
2020-1-23 11:30 | |
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Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says
2019-12-5 19:15 | |
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Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures.
2019-9-27 11:00 | |
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Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened online hardware sales to small and medium-sized enterprises.
2019-9-18 16:10 | |
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The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.
2019-7-9 17:17 | |
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Coinspeaker Cryptocurrency Around the World: Regulations, Taxes, Mining & OthersThis report is going to cut down the lack of information about cryptocurrencies. Find out comprehensive information about countries attitudes and regulations, tax politics, technologies, and mining.
2019-4-27 10:18 | |
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Blockchain firm Bitfury will develop a bitcoin mining center in Paraguay. The new mining operation is in partnership with Seoul-based research and development firm Commons Foundation.
2019-2-8 23:32 | |
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Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.
2019-1-29 11:08 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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The U. K. government has said that individual investors will be liable to pay capital gains tax each time they sell crypto assets such as BTC for profit. In new taxation guidelines published Dec.
2018-12-20 04:50 | |
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Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.
2018-12-14 03:12 | |
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In today’s edition of The Daily, we cover Binance’s second preview of its upcoming decentralized exchange and how the state of Ohio plans to attract blockchain startups with big investments and tax breaks.
2018-12-5 17:20 | |
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A foreign investor had planned to invest $116 million to build a crypto mining facility in Norway. However, it does not seem to be going forward because the country’s government has decided to exempt crypto mining centers from receiving tax subsidies.
2018-11-29 18:32 | |
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Around the world, the cost of mining seems to be predominantly expensive as a result of how much electricity is needed. In Norway, new tax rates have been established that makes electricity even more expensive, but miners don’t want to take this laying down.
2018-11-28 09:42 | |
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The neighboring country may provide a home to those wishing to leave Norway.
2018-11-28 20:53 | |
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With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden.
2018-11-27 11:15 | |
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Latest Bitcoin News Coinciding with BTC market pull back is morale boosting news that the US state of Ohio will begin accepting tax payments in Bitcoin. Spearheading this drive is the State Treasurer, Josh Mandel, who term the move efficient, secure, transparent and cheap especially for merchants and businesses that in days to come will […] The post Bitcoin Price Analysis: BTC/USD Stable at $4,000, Paraguay Gives Green Light For the World’s Largest Crypto Mining Center appeared first on Ethereum World News.
2018-11-26 17:10 | |
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Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.
2018-11-24 15:00 | |
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Crisis Ahead: Norway Ends Power Tax Subsidy For Bitcoin Miners When you hit rock bottom, it can only get worse, or at least is what the Bitcoin miners in Norway must be thinking right now. The Norwegian government has decided that it no longer supports BTC mining and has decided to cut the power subsidy […]
2018-11-23 08:05 | |
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Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U. S. miner NGDC, appears to have suddenly fled from the area, leaving $1.
2018-11-16 00:35 | |
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Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported.
2018-11-14 18:34 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029.
2018-10-24 03:15 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency. ” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service.
2018-10-22 22:30 | |
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In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19. 5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained.
2018-9-8 13:10 | |
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A new draft introducing amendments regarding the taxation of crypto incomes has been published in Poland. The bill differentiates between decentralized cryptocurrencies and centralized virtual money, and clarifies the tax regime applicable to crypto trading and mining.
2018-8-29 23:55 | |
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A draft law prepared by deputies and representatives of the industry aims to introduce light taxation of crypto incomes in Ukraine. Businesses and individuals will be required to pay 5% on their profits from trading and mining cryptocurrencies when exchanged to fiat.
2018-8-10 00:25 | |
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Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U. S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station.
2018-8-7 09:15 | |
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The document will not include separate taxation schemes for cryptocurrency owners, which means that mining and circulation of cryptocurrencies will be regulated under existing provisions of the Russian Tax Code.
2018-7-19 12:29 | |
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The average cryptocurrency user trades or holds assets on around 4 to 5 different digital currency exchanges and wallets simultaneously. Thus, keeping track records for tax purposes becomes increasingly difficult.
2018-7-7 20:25 | |
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Cryto-Rich Avoiding Capital Gains Cryptocurrency has led to an influx of favorable gains for many investors – the trouble is, such gains are subject to the capital gains tax. The tax can be a staggering amount, especially for those who are unprepared.
2018-7-5 00:15 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.