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Tag: Crypto Tax

BTC Hits $30k – Should We Officially Welcome the Bulls?

So, after last week’s Cointelegraph stunt, BTC has decided to go all bullish and crossed $31K.While it has retracted a bit, the mother crypto...

How to stay on top of taxes on crypto loans? – CoinRabbit

(Last Updated On: October 23, 2023)Unlocking the potential of cryptocurrencies has revolutionized the way we think about money. With its decentralized nature and secure...

EU Passes Resolution to Strengthen Regional Cooperation on Crypto Tax Information Sharing – CryptoCurrencyWire

The European Union’s Council has enacted a directive to improve coordination between national tax agencies, specifically concerning crypto asset transactions. The Oct. 17, 2023,...

Crypto advocates file amicus brief to address users’ Fourth Amendment privacy rights

Cryptocurrency advocacy group the DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating...

U.S. Office of the Comptroller will discuss tokenization as opposed to crypto

The Office of the Comptroller of the Currency (OCC), an independent bureau of the Treasury Department that supervises “national” commercial banks in the United...

EU adopts new crypto tax rules, mandate data sharing from crypto firms

The European Union adopted a new law that will mandate cryptocurrency firms to share customer holdings, which will be automatically shared between tax authorities,...

EU Formally Agrees On New Crypto Tax Data Sharing Rules – CryptoInfoNet

New European Union rules that let tax authorities share data on individuals’ crypto holdings were formally adopted by the bloc’s finance ministers on Tuesday....

Coinbase Sounds Alarm on IRS Crypto Tax Proposal

In August, the Treasury Department published its nearly 300-page proposed rule, meant to finally comply with the 2021 Infrastructure Investment and Jobs Act. It...

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS...

Senator Warren Grills US Gov’t Over 2-Year Delay On Crypto Tax Rules – CryptoInfoNet

Senator Elizabeth Warren is calling on the US government to reconsider its decision to impose a two-year delay on crypto tax regulations in the...

What Is Cloud Mining in Crypto? – CoinRabbit

(Last Updated On: October 9, 2023)Welcome to the exciting world of cryptocurrency mining! If you’re new to the scene, you may have heard about...

Busan is developing an Ethereum-compatible mainnet to become a ‘Blockchain City’

South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is...

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