Tax – Page 17 – Ƀitsell X

Kazakh President Says Government Must Make ‘Favorable’ Conditions for Crypto Industry Development

June 29, 2022

Kazakhstan’s President Kassym-Jomart Tokayev has told ministers to create “favorable conditions” for a new “digital” ecosystem that makes use of “cryptocurrencies and digital assets.” Per Kaztag, which quoted the presidential press service, Tokayev was speaking at a financial sector summit held at the Astana International Financial Center yesterday. … Read More: Kazakh President Says Government Must…
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eBay’s NFTs, Yield on Ledger, Axie Infinity’s Ronin Bridge Reopens, Celebrity Crypto Scams + More News

June 28, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: eBay’s NFTs, Yield on Ledger, Axie Infinity’s Ronin Bridge Reopens, Celebrity Crypto Scams + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Albania to Start Taxing Crypto-Related Income From 2023

June 25, 2022

Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania Set to Impose Crypto Tax as Early as Next Year The Albanian state should…
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Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023

June 23, 2022

Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation’s finance chief also stated that crypto exchanges will be forced to report on their customers’ activities from next year – and warned that similar European Union-wide measures were now in the pipelines…. Read More: Spanish Government Wants Crypto…
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Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, ‘Brutal’ Singapore + More News

June 23, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ … Read More: Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, ‘Brutal’ Singapore + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices

June 20, 2022

El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender. Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and has teamed up with a Canadian company called Astro…
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Coin Center Attempting to Sue US Treasury, IRS Over ‘Unconstitutional’ Infrastructure Act

June 13, 2022

The Washington-based crypto industry pressure group Coin Center says it has filed a lawsuit against the United States Treasury Department and the Internal Revenue Service – claiming that the crypto tax reporting requirements included in President Joe Biden’s Infrastructure Investment and Jobs Act last year are “unconstitutional.” In a filing submitted to a branch…
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New Law Would Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry

June 9, 2022

Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that would ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira Nabiullina that their…
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USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News

June 7, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws

June 6, 2022

Terra network coin holders in India are facing a “double whammy” following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop. The genesis airdrop was made on May 30, with LUNAC holders distributed tokens now known as LUNA. However, investors in…
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Tag: Tax