South Korea Tax Body Set to Seize 5,208 Crypto Assets From Traders Who Failed To Pay Tax
South Korea tax officials in the city of Pohang are set to seize crypto assets from 5,208 residents who failed.
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IRS: Report Crypto Trades Over $10K Or Face Jail
IRS proposed a new tax law, which requires crypto traders to report crypto trades over $10k or go to jail,.
- by Sofiya
- January 7, 2024
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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.
- by Sofiya
- December 25, 2023
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Kenya Passes Bill To Regulate And Tax Cryptocurrency
Kenya advances a bill to regulate and tax cryptocurrencies, aiming to provide clarity and prevent financial crimes in the digital.
- by Sofiya
- December 5, 2023
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Australia Updates its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time.
- by Sofiya
- November 14, 2023
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Ukrainian Regulators Plan to Impose 18% Tax on Crypto Gains Starting in 2024
Ukraine is gearing up to implement a new tax regime for cryptocurrency profits, with regulators proposing an 18% tax rate.
- by Kelvin Munene
- June 16, 2023
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Nigeria to Tax Crypto, Digital Assets 10% on Capital Gains — Experts React
Former Nigerian President Muhammadu Buhari concluded his tenure on May 28 by signing the Finance Act 2023 into law. This.
- by Kelvin Munene
- June 10, 2023
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Victory for Crypto Miners as Proposed Electricity Tax Ditched in U.S. Debt Ceiling Deal
In a promising turn of events for cryptocurrency miners in the United States, a proposed tax on electricity consumption has.
- by Kelvin Munene
- May 30, 2023
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Kenya Considers Tax on Crypto, NFT Transfers and Online Influencers
According to a recently filed bill, Kenyan MPs are proposing imposing a 3% tax on cryptocurrencies and nonfungible token transfers.
- by Kelvin Munene
- May 5, 2023
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Coinbase to Help UK on Web3 Hub as Treasury Reportedly Revives Blockchain Taskforce
According to bitcoin exchange Coinbase, the United Kingdom may “turbocharge” its crypto industry and become a “innovation hub for the.
- by Oladapo Hapostle
- April 18, 2023
