Tag: Tax

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Crypto Billionaires Target California Wealth Tax With $40M Political Push

Two high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing...

European Commission Calls on 12 Countries to Implement Crypto Tax Rules

The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital...

EU’s DeFi Tax Gap Won’t Last Forever, Says Ex-OECD Official

The European Union’s new cryptocurrency tax reporting framework is built around what governments can immediately enforce, leaving decentralized finance (DeFi) outside its scope for...

Current Tax Policies Are the Biggest Obstacle to BTC Payments: Crypto Exec

The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction...

Netherlands Plans Unrealized Gains Tax on Stocks and Crypto

The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight.A majority...

French Authorities Investigate Data Breach of Crypto Tax Platform

A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about...

Indian Crypto Exchanges Push for Tax Changes Ahead of Union Budget

India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore...

Rhode Island Reintroduces Bitcoin Tax Exemption Bill

Rhode Island lawmakers have introduced a bill that would temporarily exempt small-scale Bitcoin transactions from state income taxes, marking the second consecutive...

Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules

In brief Bitcoin advocacy groups sent a letter to congressional tax leaders urging the extension of de minimis exemptions to Bitcoin and major network tokens...

Nigeria Uses Tax IDs to Trace Crypto Activity Without Onchain Monitoring

Nigeria is rolling out a new approach to cryptocurrency oversight that relies on tax and identity systems rather than blockchain surveillance, as part of...