South Korean investors and corporations hold over 131 trillion Korean won (US$97.9 billion) worth of cryptocurrencies in overseas accounts, South Korea’s National Tax Service...
European Parliament legislators overwhelmingly voted last week in favor of the eighth version of the Administrative Cooperation Directive (DAC8), which addresses the reporting of...
The European Parliament has approved DAC8, a measure that introduces tax reporting requirements for crypto transactions across the European Union (EU).With a decisive vote...
Cryptocurrencies
have emerged as a transformational force in the financial world, changing the
way we think about money and investing. However, the rapid emergence of
cryptocurrencies has...
The U.S. Treasury Department and Internal Revenue Service just published a proposal that would set new guidelines on what crypto brokers must report for...
In a thought-provoking new research paper by legal scholar Christine Kim, the concept of taxing activities within the metaverse is explored. Kim argues that...
Executive Summary
“If you fail to plan, you are planning for failure” is a popular quote attributed to Benjamin Franklin. While this early American leader...
The tax and monetary regulatory panorama of non-fungible tokens is quickly evolving, with the affect of MiCAR on the horizonThe emergence of cryptocurrencies (fungible...