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Amendment To Controversial Crypto Tax Rule Still Insufficient

Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […] дальше »

2021-8-7 16:55


South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code

South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […] дальше »

2020-7-22 18:59


Brazil Tax Authorities Impose New Regulation to Fine Crypto Traders Who Do Not Report Their Transactions

Back in August this year, the Department of Federal Revenue rolled out various provisions and stipulations that require all Brazilian citizens to report transactions that involve cryptocurrency. A recent report tabled on December 6th from one of Brazil’s most popular news outlets stated that the new codes for reporting cryptocurrency was introduced to back up […] дальше »

2019-12-8 20:30


SEC delays Wilshire Phoenix Bitcoin-Treasury Bonds ETF as final call on Bitwise’s proposal beckons

Surprise Surprise, the Bitcoin ETF is delayed yet again! The United States’ Securities and Exchange Commission [SEC] has once again delayed a Bitcoin ETF. Filed by Wilshire Phoenix, the application, one of two before the financial regulator, was considered relatively conservative, because of the asset mix it tabled. дальше »

2019-9-25 08:46


Kraken: Former Trading Desk manager sues exchange for $1 million alleging flawed New York operations

Kraken, one of the most notable US-based cryptocurrency exchanges has found itself in legal trouble with a former employee. Jonathan Silverman, who served as a manager in the exchange’s New York office has alleged that Kraken had not paid him for his work and that the exchange tabled misinformation about their operations in the state. дальше »

2019-4-8 11:00