New US Crypto Tax Law, SEC Still Processing BTC ETFs, Saylor Buys More BTC, and More — Week in Review
The U.S. introduces stringent tax reporting legal guidelines for transactions over $10,000, whereas the SEC grapples with a backlog of paperwork for pending spot Bitcoin...
Crypto Tax Planning: Merging Tax-Loss Harvesting With Charitable Giving
As the 12 months winds down, cryptocurrency buyers can mix tax-loss harvesting with cryptocurrency donations to charities, a transfer that optimizes tax advantages whereas supporting...
Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization
Welcome to Latam Insights, a compendium of Latin America’s most related crypto and financial information over the past week. In this problem: Libertarian Javier Milei...
Crypto Exchange Wants to See India Lower Tax on Trading
Indian authorities ought to decrease a tax on crypto transactions because it’s not fulfilling its said objective, a neighborhood cryptocurrency change stated. The firm blames...
Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
New EU guidelines will introduce automated trade of data on crypto revenues reported by service suppliers within the sector. A brand new directive adopted by...
Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus
Licensed crypto mining firms have urged the federal government in Kazakhstan to revise its taxation coverage concerning the sector, which they are saying is in...
South Koreans Report Over $98 Billion in Overseas Crypto Assets
South Korean tax payers have declared some 131 trillion gained (greater than $98 billion) of crypto holdings in abroad accounts this yr. The quantity was...
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
An trade group in Japan has instructed that the federal government ought to reform taxation guidelines for crypto property and transactions. Its members are satisfied...
Slovakia to Lower Tax on Income From Crypto Holdings
Lawmakers in Slovakia have adopted laws that may scale back the tax burden for cryptocurrency holders within the nation. Income derived from long-term investments in...
Crypto Companies in Japan Get Tax Relief Under Revised Rules
The tax administration of Japan has supplied an exemption to corporations issuing cryptocurrencies below a revision of the company tax guidelines. A neighborhood crypto media...