2025-12-21 16:00 |
U.S. lawmakers amend crypto tax rules in order to ease taxes on small stablecoin payments while offering staking and mining relief to boost adoption. origin »
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Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. Related Reading: Bitcoin’s Quantum Debate Heats Up As Adam Back Challenges Nic Carter According to reports, the plan was circulated by Representatives Max Miller […]
2025-12-22 02:00 | |
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French lawmakers have approved a controversial plan to tax cryptocurrency holdings as "unproductive wealth," grouping digital assets alongside luxury items like yachts and expensive art.
2025-11-4 01:23 | |
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Michigan proposes crypto investments for state retirement funds via exchange-traded products. New bills promote Bitcoin mining, tax breaks, and ban support for a federal CBDC. Michigan is stThe post Michigan lawmakers push new crypto bills covering BTC mining, CBDCs, and retirement funds appeared first on AMBCrypto.
2025-5-24 09:30 | |
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Four new cryptocurrency-related bills were introduced in the Michigan legislature this week, covering public pension investments in crypto, mining, income tax exemptions, and restrictions on CBDC support.
2025-5-24 11:17 | |
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Michigan’s HB 4510 allows pension funds to invest in crypto ETFs. HB 4512 enables Bitcoin mining at abandoned oil or gas wells. HB 4513 offers income tax breaks to miners in remediation schemes.
2025-5-22 15:58 | |
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U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits. The S&P 500, coming off a…
2025-5-20 23:29 | |
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Missouri lawmakers have passed a sweeping tax bill that exempts capital gains from state income tax and sent it to Gov. Mike Kehoe for signature. The measure, a top priority for House Republicans, passed the House Wednesday with only GOP…
2025-5-8 18:22 | |
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North Carolina lawmakers have proposed a bill that would allow citizens to use crypto assets to carry out economic transactions, including tax payments. In a bill filing sponsored by State Representative Neal Jackson, House Bill 920 aims to allow the…
2025-4-11 14:07 | |
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.
2025-3-30 13:19 | |
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Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation.
2025-3-1 08:30 | |
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Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector.
2025-3-1 23:19 | |
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A controversial tax rule proposed by the U. S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it.
2025-2-28 11:11 | |
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Lawmakers have taken a step toward overturning a tax rule that mandates “custodial brokers” to gather and report user data to the IRS. The measure, which has sparked debate over its potential impact on financial institutions and taxpayers, now awaits a vote in the full House of Representatives. On Wednesday, the US House Ways and […]
2025-2-27 23:24 | |
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As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets.
2024-12-13 06:00 | |
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The tax increase will be significantly reduced during parliamentary work, lawmakers said.
2024-12-11 13:29 | |
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Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.
2024-9-11 06:59 | |
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The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation.
2024-8-20 19:41 | |
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South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative sentiments around the crypto industry as the reason for the extension.
2024-7-16 16:00 | |
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Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
2024-5-2 12:09 | |
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Crypto tax: Lawmakers in this European country propose a 28% tax on profits earned from short-term crypto assets and a 4% tax on airdrops. The post Crypto Tax: This Country’s Tax Rate Has Just Gone Through the Roof appeared first on BeInCrypto.
2022-10-11 01:28 | |
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A bipartisan group of U.S. lawmakers want to ensure that the definition of a crypto "broker" for tax reporting purposes does not capture parties that cannot report crypto transactions for tax purposes.
2022-8-4 20:42 | |
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According to reports, cryptocurrency lobbying organizations in Japan plan to push lawmakers to lower the tax rates on the local digital asset sector. As a result, professionals in the field are more lThe post Japanese lobbying groups wants tax cuts to maintain crypto-talent appeared first on AMBCrypto.
2022-7-28 18:30 | |
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Lawmakers in Russia have approved a draft law potentially removing value-added tax from the issuance of digital assets and cryptocurrencies. The post Russian Lawmakers Approve Draft Law Amending Crypto Taxes appeared first on BeInCrypto.
2022-6-29 21:45 | |
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For most lawmakers, the crypto markets are uncharted territories, and as such, it is not surprising that they often choose to err on the side of caution. Consequently, the journey to comprehensive crypto regulation has been a bumpy ride.
2022-5-14 22:23 | |
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Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection.
2022-4-22 10:42 | |
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Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the United States Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma.
2022-4-5 22:00 | |
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The European Parliament also wants to curb payments to tax havens and check people’s identity even for payments between unhosted wallets, internal papers reveal.
2022-3-26 21:32 | |
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Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1.
2022-3-26 20:00 | |
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India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000.
2022-3-17 01:31 | |
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The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv.
2022-2-19 01:30 | |
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Kyrgyz Republic's lawmakers are looking to introduce a taxation bill for cryptocurrency mining which, if passed would make it the first piece of crypto legislation in the country. The bill would amend the Tax Code of the Kyrgyz Republic and bring crypto mining under its tax code.
2020-6-6 21:07 | |
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A draft law has been proposed with bipartisan support to exclude from taxation small capital gains of up to $200 when making purchases. The bill says: “Gross income of an... The post American Lawmakers Propose $200 Crypto Tax Exemption appeared first on Trustnodes.
2020-1-20 17:09 | |
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House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.
2020-1-17 00:15 | |
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New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.
2020-1-16 21:25 | |
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Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins.
2019-12-23 13:21 | |
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Congressmen are again asking the IRS for clarity on its recent cryptocurrency tax guidance.
2019-12-21 20:53 | |
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Coinspeaker Lukka Taxation Software Launched by Private Company, IRS, CPAAfter the many signs from the U. S. lawmakers, IRS have issued new rules for taxation of the citizens. Lykka offers easy way of tax accounting.
2019-12-19 17:31 | |
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In 2014, the IRS announced cryptocurrency was subject to capital gains taxes, creating an accounting nightmare lawmakers have been eager to update to add clarity and promote crypto usage.
2019-7-9 23:49 | |
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The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets.
2019-4-16 22:26 | |
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There is a curious situation happening in the United States right now. It is as if the Internal Revenue Service (IRS) simply do not want crypto investors to pay their taxes. Before you commemorate, though, you should that they really want you to pay your taxes, they just simply cannot find a way to explain […]
2019-4-12 02:40 | |
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With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.
2019-4-12 20:30 | |
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Tesla stock jumped on Wednesday after US lawmakers proposed expanding federal tax credits for EV vehicles. The move provides Elon Musk with a helping hand as he seeks to prevent lingering demand problems from ransacking the company’s forecast.
2019-4-11 22:58 | |
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It’s just Tuesday, and Rep. Alexandria Ocasio-Cortez (D-N. Y. ) is all the news it seems. However, it’s not all good. A resolution she’s signed on to will be introduced that will call for Wall Street investors and traders to be taxed.
2019-3-5 21:36 | |
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According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.
2019-2-22 01:23 | |
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Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. Amazon Caves to Pressure from Ocasio-Cortez, other Lawmakers The spacious Amazon campus in Long Island City, Queens would have created more than 25,000 well-paying jobs.
2019-2-15 19:58 | |
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Georgia lawmakers worry that rural residents don’t have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu.
2019-2-13 15:15 | |
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Georgia lawmakers worry that rural residents don’t have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu.
2019-2-13 15:15 | |
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A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […]
2019-2-9 17:48 | |
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Republican senators Dennis Acton and Michael Yakubovich of New Hampshire have introduced House Bill 470 that seeks to allow state agencies to accept cryptocurrencies as payment. State Treasury, Department of Administrative Services, and the Department of Revenue Administration have been contacted to give their feedback on the issue. For the bill, the Department of Administrative […]
2019-1-24 12:41 | |
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Velo Protocol and Zebec join forces to combine PayFi infrastructure and crypto payment cards to make digital assets easier to spend in everyday transactions.
Bitcoin has stumbled into one of its historically weakest months, sentiment remains subdued, and investors have increasingly shifted their attention to AI stocks, SpaceX, and a wave of trillion-dollar technology companies.
WhiteBIT has expanded its product offering with the introduction of two automated spot trading tools — the Spot Grid Bot and Martingale (DCA) Bot — as the company continues to broaden access to trading tools.
ADA is extending its rally as Cardano enters the Dijkstra era, while the charts show buyers defending the recent breakout above $0.20.
LIT is testing key resistance as bullish indicators continue to strengthen.
Bitcoin BTC traded modestly higher on Thursday, matching the broader cryptocurrency market even as US equities hovered near record highs and investors continued to monitor macroeconomic developments ahead of the Federal Reserve's September meeting.
KuCoin Pay, the cryptocurrency payment service offered by KuCoin, has launched KuCoin Gift Card, a digital asset distribution solution that allows businesses to distribute USDT and USDC through digital gift cards.