Tag: Tax

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Walking the Crypto Tax Tightrope in US

  Co-Authored by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin. __________… Read More: Walking the Crypto Tax Tightrope in US  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country

A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets…
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NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News

  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: NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

US Proposed Unrealized Gains Tax May Become ‘Penalty for Being Successful’ in Crypto

  The proposed 20% tax on unrealized gains put forward by the US Department of Treasury’s 2023 Revenue Proposal could potentially become a “penalty for being successful,” according to Shehan Chandrasekera, Head of Tax Strategy at crypto tax software specialist CoinTracker…. Read More: US Proposed Unrealized Gains Tax May Become ‘Penalty for Being Successful’ in…
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Coinbase Reportedly Nears Mercado Bitcoin Purchase as Binance Readies Rio Expansion

  Crypto exchange giants Coinbase and Binance could be set to go head-to-head with their expansion plans in Brazil. The former is reportedly eyeing a major M&A deal to buy one of the biggest crypto exchange platforms in the Latin America region, while Binance has confirmed it will open its own Brazilian operations…. Read More:…
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10 Non-Crypto Ways to Make Money in Crypto

  The cryptoverse offers a wide variety of ways to earn an income. From mining and staking to yield farming and selling NFTs, there’s seemingly something for anyone tech-savvy enough to make crypto work for them.  But there are also non-crypto ways to make money in crypto. Read on to discover a list of just…
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India Confirms Discriminatory Tax Rate for Crypto Investors

  Starting April 1 this year, and despite the crypto sector’s efforts, cryptoasset gains in India will be taxed at 30% – the highest tax bracket, the nation’s Parliament confirmed today. In comparison to this tax, the tax rate on stock trading ranges from 0% to 15%. From now on taxed the same as lottery…
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The Prospects, Possibilities, and Dangers of CBDCs

  Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company. __________ Today, 15 countries – including China, Saudi Arabia, and South Africa – are testing their own centralized digital currencies: Central Bank Digital Currencies (CBDCs). Another 87 countries are exploring the virtual minting process and how they can…
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Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News

  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: Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Israeli Bank Leumi Enables Bitcoin, Ethereum Trading

  In a bid to attract Israeli crypto investors, Bank Leumi has announced that it will enable its customers to trade cryptoassets. Trading services will be carried out through the bank’s online trading platform Pepper Invest. Pepper Invest is offering its crypto trading services in partnership with blockchain infrastructure platform Paxos (PAX). … Read More: Israeli…
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