Greece Is Considering Taxing Cryptocurrency Profits
Greece is considering classifying cryptocurrency profits as capital gains from securities sales and taxing them at 15%. While some countries adopt a moderate.
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Two Dormant Bitcoin (BTC) Wallets Emerge With Massive Profits
Two dormant Bitcoin (BTC) wallets resurface, yielding massive profits of over $60M. Recently, two long-held Bitcoin accounts sprung to life, the first of.
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Japan Eases Tax Burden, Will Now Tax Only Profits From Sales Of Digital Currencies
In its 2024 crypto tax reform, Japan has eliminated the mark-to-market tax for corporations holding third-party crypto assets, shifting taxation to profits from.
Blockchain News
Tether’s Market Capitalization Soars to New Heights, Profits Hit $1.5 Billion in Q1 2023
Tether (USDT) is experiencing an astounding surge in its market capitalization, shattering previous records as the company responsible for the leading stablecoin amassed.
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Coinbase Share Price Spikes 7.9% as Q1 Results Beat Expectations
Cryptocurrency exchange Coinbase’s net deficit was dramatically reduced in the first quarter of 2023, thanks partly to strong profits from retail investor trading.
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Multiple US State Regulators Allege AI Trading dApp is a Ponzi Scheme
Montana, Texas, and Alabama securities regulators have filed joint enforcement actions against cryptocurrency trading platform YieldTrust.ai, alleging it is “operating a Ponzi scheme.”.
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As the year Ends, Raoul Pal Believe institutions have taken their profits
Institutional profit-taking, according to Raoul Pal, is the most likely cause for recent Bitcoin sell-offs, but that the selling is likely over for.
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IRS clarifies Crypto Investment Reporting Requirements
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.
