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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider

The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.”  Along with the crypto […] дальше »

2021-8-10 17:42


Yearn’s Builder-First Legal Activism DAO Gets Full Support as Crypto Regulation Heats Up

While the crypto community fights against the controversial bipartisan infrastructure bill that overreaches in its definition of the term “broker” in regards to crypto tax provision, popular decentralized finance project Yearn proposed funding a builder-first legal activism decentralized autonomous organization (DAO). дальше »

2021-8-9 03:13


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Ethereum Tops $3,000 As Bull Rally Continues, Hitting Its Highest Level Since May

On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […] дальше »

2021-8-8 17:23


Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’

Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners. дальше »

2021-8-7 13:34


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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


Joint Committee on Taxation Estimates $28 Billion from Crypto Taxes to Fund its Infrastructure Plan

The Joint Committee on Taxation estimates to raise $28 billion over a decade to fund its infrastructure plan by strengthening tax enforcement on the cryptocurrency industry. This will be used to offset the package’s $550 billion in new spending for roads, highways, bridges, and other infrastructure projects. дальше »

2021-8-3 17:14


Binance запустила API для исполнения налоговых обязательств клиентов

Криптовалютная биржа Binance запустила новый API, позволяющий клиентам отслеживать свои транзакции с криптоактивами для исполнения налоговых обязательств. Introducing #Binance Tax Reporting Tool API!Track crypto activities and connect to third-party tax vendors to streamline reporting requirements. дальше »

2021-7-29 12:11


South Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers

South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year. дальше »

2021-7-26 17:27