Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study. Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however, tax experts have…
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A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX’s collapse. The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week. A spokesperson for Australian Treasurer Jim Chalmers said the Treasury said it is now…
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Earning an income from play-to-earns is “complicated” without tax guidance, advises Australian crypto tax specialists. Modern parents are going to need to keep an even closer eye on their kids’ gaming habits, as some of them may be accumulating a hefty tax bill, according to a crypto tax specialist. Speaking to Cointelegraph during last week’s…
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The company says it’s planning to continue operations throughout the restructuring process, though withdrawals will continue to be paused at this time. Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York. The announcement was shared on the company’s Twitter and…
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