The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms…. Read More: Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans Read more »Pay, Trade, Buy Bitcoin with Credit Card
As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty’s Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution. On HMRC’s initiative, three persons accused of attempting to defraud the agency of…
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A business leader has said that a soon-to-be-unveiled Russian draft crypto regulation bill – which proposes bringing crypto into a strict regulatory framework – is effectively a way to discourage Russians from using cryptoassets…. Read More: New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader Read more »Pay, Trade, Buy Bitcoin…
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President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages…
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Crypto dashboards have emerged in the last few years to enable digital asset investors to manage their portfolios in one place. Read on to discover a list of the most popular crypto portfolio management dashboards…. Read More: 9 Crypto Dashboards You Can Use to Manage Your Digital Assets Read more »Pay, Trade, Buy Bitcoin…
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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: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts…
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Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More…
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The government of Kazakhstan has unveiled a package of measures aimed at further taxing the nation’s Bitcoin (BTC) and crypto mining sector. The measures will involve tax hikes on electricity, a crackdown on unregistered miners, a tax on mining hardware, and the introduction of VAT charges on mining-related equipment sales…. Read More: New Taxes…
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Amid ongoing talks on new crypto regulation, the Russian government reportedly estimates that, if the country introduces regulations for the crypto market and imposes a tax on transactions that involve cryptoassets, it could generate as much as RUB 1tn (USD 13.3bn) in revenue for the state budget…. Read More: Russia Plans Up To USD…
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