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Government Adoption: Cryptos are property in Texas, Hungary to cut taxes

The ruling class is turning its eye to the cryptocurency space. Institutional adoption is one of the biggest stories of the last few months. After that, governments might follow suit. From MicroStrategy to Square, from Visa to Goldman Sachs, institutional buyers and big companies are slowly moving into the space. The money attracted them, and […] дальше »

2021-5-13 04:51


South Korea Finance Minister: Taxing Cryptocurrency Gains is ‘Inevitable’ Starting Jan 2022

On Tuesday, Hong Nam-Ki, South Korea’s finance minister, stated that the government is on course with the proposal to introduce capital gains tax on crypto trading starting next year. “It’s inevitable, we will need to impose taxes on gains from trading of virtual assets,” Hong stated during a news conference on Tuesday. дальше »

2021-4-28 21:38


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Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […] дальше »

2021-4-17 02:30


Bought NFTs? There’s A Tax For That, And Other Ways The IRS Is Eyeing Crypto

NFTs volume is dropping after an initial bubble-like storm of interest and millions pouring into the emerging digital goods market. But it could be because crypto investors are realizing as they wrap up last year’s taxes – extended to May 17 in the United States – that buying such tokens with Ethereum results in a […] дальше »

2021-4-15 18:21


With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to the IRS

The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes has been pushed to May 17th, there is […] дальше »

2021-4-1 05:30


Bitcoin Suisse to withdraw banking license application as Swiss regulator 'unlikely' to approve it

When it comes to Bitcoin-focused businesses and regulations, the Swiss government has often kept an open mind. Last year, the region decided to allow users to pay their taxes through Bitcoin and EtherThe post Bitcoin Suisse to withdraw banking license application as Swiss regulator 'unlikely' to approve it appeared first on AMBCrypto. дальше »

2021-3-17 18:30


TaxBit Review: Cryptocurrency Tax Software You Can Depend On

Given the increasing popularity of digital currencies, governments worldwide are looking for ways to regulate the crypto revolution and tax digital currency use effectively. Many governments throughout the world have now issued taxes that are due for cryptocurrencies, so soon every single transaction whether you bought or sold digital currency will need to be tracked […] The post TaxBit Review: Cryptocurrency Tax Software You Can Depend On appeared first on CaptainAltcoin. дальше »

2021-3-16 17:25


Andrew Yang Wants to Make New York a Hub for Bitcoin and Cryptocurrencies

First Wyoming, then Miami, and now New York, cryptocurrency adoption is rapidly growing. As we reported, Miami Mayor, Francis Suarez, is working hard on getting the city to lead in technology advancement, and as such, he had gone full-on Bitcoin by enabling the employees to be paid in Bitcoin, taxes and resident fees to be […] The post Andrew Yang Wants to Make New York a Hub for Bitcoin and Cryptocurrencies first appeared on BitcoinExchangeGuide. дальше »

2021-2-13 21:21