Thailand Drops Taxes on Domestic Crypto Trading, Overseas Uncertainty Remains

Thailand's Finance Ministry has exempted domestic crypto asset trading from value-added tax (VAT), effective from January 1, 2024. However, uncertainty remains for overseas investors due to tax and accessibility issues. дальше »

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Hoskinson Goes Off On SEC For Giving Bitcoin Unfair Free Pass While Cardano, Others Face Scrutiny

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Shiba Inu (SHIB), Dogecoin (DOGE) Exempted as Bakkt Delists Tokens

Bakkt will be delisting some tokens дальше »

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XRP Exempted as eToro Plans to Delist 4 Tokens: Details

eToro set to withdraw support for four tokens tagged as securities by SEC, XRP to go unscathed дальше »

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Bitcoin: Of regulatory pressure and exchange fees

Bitcoin transaction fees increased, surpassing 2022 levels. Coinbase and Binance balances fell as the market greed dropped. Although exempted from the U.S. SEC hammer, Bitcoin’s [BTC] respThe post Bitcoin: Of regulatory pressure and exchange fees appeared first on AMBCrypto. дальше »

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El Salvador removes all taxes related to tech innovation for economic growth

Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador. дальше »

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Belarus extends tax exemptions for crypto firms to 2025

Belarus will allow crypto businesses, including miners, to operate tax-free until 2025. Exempted taxes include value added tax, income tax and personal taxes. Belarus is one of the countries looking to incentivize more crypto-related investments. дальше »

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Freeport clears SEC Reg A review for tokenized art offerings

It appears that the SEC has exempted NFT art tokenization from registration as security offerings.

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Singapore Ponders Over Impact Of The FTX Contagion

In response to media queries, the Monetary Authority of Singapore (MAS) was neither licensed nor exempted from licensing and did not operate in Singapore. In a press release dated November 14, 2022, The MAS said that it did not rule out the possibility that FTX onboarded Singapore users as they could directly access overseas service providers. […] дальше »

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Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now

Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill. дальше »

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LocalBitcoin Exempted All Fees For Crypto Donations To Ukraine

To voice solidarity with Ukraine, the famous peer-to-peer trading platform LocalBitcoin has exempted all fees on donated Bitcoins to Ukraine. As a result, the residents of Ukraine can now cash out their Bitcoins in local currency with no fees. дальше »

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IRS Reveals Guidelines On How Crypto Investors Can Report Their Purchases On Tax Forms

The IRS releases guides on how to report taxes using form 1040. People who purchased crypto with real currency and have been hodling are exempted. Cryptocurrency taxation has come underfire in recent months for its supposed lack of clarity. дальше »

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SEC Chairman Says DeFi Projects are Not Exempted from Regulation

Chairman of the Securities and Exchange Commission (SEC) Gary Gensler, has said that the features of some decentralized finance (DeFi) projects could cause them to fall under the regulatory ambit of the SEC. дальше »

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Will U.S. Bitcoin Miners Be Exempted From New Tax Rules If Infrastructure Bill Proposal Goes Through?

A new proposal to amend the U. S. bipartisan infrastructure bill introduced to the Senate on Sunday could exempt cryptocurrency miners, those staking crypto, and users of their services from reporting and paying tax on their cryptocurrencies. дальше »

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French Court Upholds BTC-e Operator’s 5-Year Prison Term But Exempted from 100k Euro Fine

Alexander Vinnik, an alleged operator of the now-defunct cryptocurrency exchange in the EU BTC-e, will be facing jail time. His five-year prison term was upheld by the Court of Appeal of Paris on Thursday, according to a TASS report. дальше »

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Nhash Cloud Mining: Best Way to Earn with Crypto Mining in 2021

The cryptocurrency market has been down for several days in a row. Bitcoin, the leading cryptocurrency, is not exempted from this bearish trend. The price has dropped significantly from the newest all-time high of $60,000 and is now at $34,000. дальше »

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Thailand’s Stock Exchange Excludes Cryptos from Upcoming Digital Asset Exchange Platform

Thailand’s stock exchange is preparing to launch a new trading platform that would not include cryptocurrencies. Crypto Exempted From SET’s Planned Trading Platform According to the Bangkok Post on Wednesday (Jan. дальше »

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Russia Proposes Legalizing Crypto For Regulatory Sandboxes

Russia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media agency Izvestia. Sandbox Participants Will Be Exempted From Certain Requirements The bill on “regulatory sandboxes” was submitted last week to the State Duma (Russia’s parliament). дальше »

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Disneyland’s Shutdown Is Not Nearly as Disturbing as Their Ban Exemption

California Governor Gavin Newsom banned large gatherings in the state but exempted theme parks like Disneyland. Even though Disneyland opted to close their doors, it's baffling that Newsom would allow the park to stay open. дальше »

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IRS Says Charity Crypto Donations Must be Declared

Recently, the US government’s revenue service, the IRS made a few changes to its set of FAQs on crypto assets. Charity organizations that are generally exempted from tax collections have to report virtual currency based donations on Form 990, the agency said on December 26. дальше »

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Monero Workgroup: It’s Up to Exchanges Not Assets To Comply With Travel Rule; XMR Not Subjected

In a blog, the Monero Compliance Workgroup came to the conclusion that XMR is exempted from FinCEN Funds Travel Rule as it is not applicable to assets and cryptos like the XMR. According to the blog, the rules set by the U. дальше »

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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise

Fiat money has a surprisingly short lifespan. The almighty U. S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. дальше »

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EU bitcoin bank app Bitwala integrates CryptoTax software

Bitwala, a German licensed bitcoin banking service app, today announced a new integration solution with CryptoTax. Now, for users of Bitwala, enclosing statements on cryptocurrencies with their tax report will be as simple as attaching a PDF-file to an email. дальше »

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Coinbase Pro Adds Dash But Excludes New York and UK Traders

Coinbase Pro confirmed the addition of the Dash (DASH) digital coin to its trading mix, but under certain conditions. New York and the United Kingdom will be exempted from the trading launch, due to various regulatory limitations. дальше »

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Facebook’s Libra to Be Tied to Major Fiat Currencies, Except Chinese Yuan

Coinspeaker Facebook’s Libra to Be Tied to Major Fiat Currencies, Except Chinese YuanAmong the list of fiat currencies released by Facebook, the company has so far exempted the Chinese Yuan as a fiat backing its Libra token. дальше »

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Georgia reaffirms bullish attitude on crypto after it exempts Value Added Tax (VAT) on Bitcoin

Georgia has joined the elite list of countries to have exempted Value Added Tax (VAT) on Bitcoin. A bill regarding the same was recently passed and made into a law after it was signed by Georgia’s Finance Minister, Nodar Khaduri. дальше »

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Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities

The U.S. State of Montana recognized utility tokens and exempted them from state securities by passing a new bill

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JPMorgan, Citigroup, & MUFG among 2 others Fined $1.2 Billion for Manipulating 11 Currencies

Swiss bank UBS has been exempted from a fine of 285 million euro since it was the first to alert the regulators of this while Citigroup was hit the hardest with 210. 8 million euro penalty. Citigroup was followed by RBS and JPMorgan with 249. дальше »

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Toxic ICO Taxes: Thailand Stock Chief Slams Regulators for Crippling Crypto-Friendly Startups

By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax. дальше »

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ICOs Exempted From Securities Laws, If This Congressman Has His Way

The U.S. could soon see federal legislation regulating initial coin offerings if Republican Congressman Warren Davidson gets his way.… The post ICOs Exempted From Securities Laws, If This Congressman Has His Way appeared first on Invest In Blockchain. дальше »

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Ripple (XRP) is Skyrocketing, What’s Behind the Surge?

The bearish market may not be in total control of most cryptocurrencies as was the case a few days back when the bears hit Bitcoin down to the $5k region for the second time this year. Altcoins were not exempted from the scary event that has now led the Ethereum and XRP to trade places. дальше »

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Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report

Hundreds of startups are reportedly being “secretly” targeted by the U. S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC. дальше »

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South Korea’s amended tax system does not offer any major benefit to Crypto transactions

Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure. дальше »

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South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges

Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. The post South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges appeared first on CoinSpeaker. дальше »

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