2020-1-17 00:15 |
House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.
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A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […]
2020-1-17 00:18 | |
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Representative Tom Emmer of Minnesota will be the ranking member of Congress on a Task Force to advance the national discussion on emerging financial technology. Emmer previously sponsored legislation such as the Blockchain Regulatory Certainty Act, which helped exempt certain blockchain businesses from onerous reporting and licensing requirements when they do not take control of […] The post Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force appeared first on Crypto Briefing.
2019-10-17 02:13 | |
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Is it possible for a crypto exchange to be fully exempt from regulations in the current landscape? Cointelegraph presents the Crypto Myths series
2019-10-14 09:53 | |
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The French government has finally decided how to tax crypto trading. According to the French economy minister Bruno Le Maire, all trades between cryptos are exempt from taxes but the gains will be taxed when they are converted back into fiat currency.
2019-9-13 23:36 | |
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Iran's National Tax Administration states that cryptocurrency miners will be eligible for a repatriation tax exemption, similar to non-oil exports
2019-9-12 02:00 | |
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Crypto transactions exempt from VAT or capital gain taxes – PTA The Portugues Tax Authority (PTA) has officially announced that both trading and payments in cryptocurrencies will not be taxed in the country, as per the report published on August 26 by a Portugues business newspaper.
2019-8-29 19:49 | |
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Coinspeaker Potential Crypto Tax Cuts Could Boost Singapore BusinessesMultinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.
2019-7-30 11:56 | |
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Singapore is currently making a move that may help the local crypto community a lot. The country is planning to exempt some digital currencies from a tax called Good and Services Tax. The idea is that this could benefit several crypto-related businesses and help the growth of the industry in the country. An expert from […]
2019-7-30 06:17 | |
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Since the inception of the crypto industry nearly a decade back, various regulators across the globe have been faced with the task of taxing digital currencies in a way that is not only fair but also quite streamlined.
2019-7-13 19:37 | |
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The U. S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment.
2019-7-10 05:30 | |
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"Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws.
2019-5-25 17:30 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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Warren Davidson, arguably crypto’s best friend in Congress, reintroduced the Token Taxonomy Act yesterday. He originally introduced the bill alongside Florida representative Darren Soto last year.
2019-4-11 02:31 | |
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Defining cryptocurrencies has been an ongoing difficulty in the industry as multiple branches within the United States have different ways to govern it. However, one ongoing debate is over whether certain tokens should be considered securities.
2019-4-10 02:17 | |
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U.S. Rep. Warren Davidson reintroduced the Token Taxonomy Act Tuesday, seeking to exempt certain cryptocurrencies from securities laws.
2019-4-10 22:01 | |
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U.S. Rep. Warren Davidson reintroduced the Token Taxonomy Act Tuesday, seeking to exempt certain cryptocurrencies from securities laws.
2019-4-10 22:01 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire. Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada.
2019-3-8 05:00 | |
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Regulatory clarity on the legal status of cryptocurrencies may arrive sooner than expected after two members of the U. S. Congress proposed a bill to exempt digital tokens from the definition of traditional securities, reported CNBC on December 20, 2018.
2018-12-25 20:00 | |
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A couple of Congressmen in the United States are trying to get an exemption for cryptocurrencies from securities law. If successful, it could signal a paradigm shift in the US regulatory climate as far as virtual currencies are concerned.
2018-12-22 22:00 | |
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As a whole, the cryptocurrency industry is vastly unregulated with much uncertainty about how to regulate crypto assets and what… The post US Lawmakers May Change SEC’s Securities Definition to Exempt Cryptocurrencies appeared first on Invest In Blockchain.
2018-12-22 03:30 | |
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A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation.
2018-12-11 13:50 | |
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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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Management Shakeup On The Cards For Crypto Exchange Bitstamp In the world of cutthroat competition, a stark reality is the lack of job security, and even top management is not exempt from this. According to sources, the EU licensed online currency exchange hub, Bitstamp is expected to announce a management reshuffle. The exchange has recently […]
2018-11-4 07:08 | |
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There are many companies that have digital assets filling up their account books to make some extra space. However, in a recent reminder from the US Securities and Exchange Commission, these types of holdings do not make them exempt from the “fundamental responsibility” of reporting their financial activities to the proper entities. Wesley Bricker, who […]
2018-9-21 10:46 | |
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In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels .
2018-8-13 18:08 | |
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Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.
2018-7-19 22:38 | |
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Chinese cryptocurrency exchange BTCC has announced the official relaunch of its trading platform, while also suggesting that it will eventually offer its own token.
2018-7-3 17:25 | |
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U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities.
2018-6-11 22:23 | |
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The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Colorado is now accepting crypto for tax payments — but if you choose to use that option, it could change the amount you owe.
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.
A proposed bill waiting for vote in Congress contains a “dangerous” amendment.