Taxation
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Understanding the State of Cryptocurrency Tax Laws in the US
According to reports, researchers from Indiana University and the University of Maine recently published a study investigating the current status of cryptocurrency tax laws in the
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Qian An Speaks on the Uncertainty of Regulatory Environment in the US
According to reports, Qian An claimed that the regulatory environment in the United States is hostile and the prospects are unpredictable.
Coin An: The regulatory environment in th -
Ukrainian State Taxation Bureau: Funds received from cryptocurrency transactions need to be taxed
According to reports, the Ukrainian State Taxation Bureau has provided clarification on the taxation of personal cryptocurrency transactions. Experts point out that cryptocurrencie
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The Ukrainian State Taxation Bureau Clarifies Taxation on Personal Cryptocurrency Transactions
According to reports, the Ukrainian State Taxation Bureau has provided clarification on the taxation of personal cryptocurrency transactions. Experts point out that cryptocurrencie
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The Real Benefits of Bitcoin Mining and its Crucial Role in Rural Communities
On April 11th, crypto mining company Riot issued a statement in response to the New York Times article on April 9th titled \”The Real Costs of Bitcoin\’s Digital Competition\”. In ano
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The Impact of US Regulation on the Cryptocurrency Industry
On March 31, Mike Novogratz, CEO of Galaxy Digital, said at a Miami conference on Thursday that he believed the encryption industry was being \”attacked\” by US regulators.
Galaxy Di -
Denmark’s Supreme Court Rules Profits from Bitcoin Sales Will Be Taxed
On March 30, the Supreme Court of Denmark ruled in two cases that the profits from the sale of Bitcoin were taxed. The two cases were for the sale of Bitcoin purchased and the sale
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The Supreme Court of Denmark Upholds Taxation of Bitcoin Profits
On March 30, the Supreme Court of Denmark ruled in two cases that the profits from the sale of Bitcoin were taxed. The two cases were for the sale of Bitcoin purchased and the sale
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The IRS is considering taxing NFT
According to reports, a document released on Tuesday shows that the Internal Revenue Service is considering whether to impose the same tax on NFT as other collectibles such as stamps, artwork, and wine, which may have an impact on those who include digital assets in retirement plans. The proposed guidance is the first time in some time that the US Tax Administration has clarified the tax treatment of digital assets, addressing the vacuum that some taxpayers have generated about their liabilities. Interpretation of this information: The Internal Revenue Service (IRS)…
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US legislators will reintroduce cryptocurrency tax reform bill
It is reported that US legislators are planning to reintroduce a bill to reform the tax treatment of cryptocurrency. The bill, titled “Keeping the US Innovation Act”, jointly led by US Rep. Patrick McHenry and Ritchie Torres, will narrow the definition of cryptocurrency broker to “anyone (considering) who is ready to sell digital assets under the guidance of customers at any time in the ordinary process of trading or business”. Legislators hope to propose this reform because they believe that the current reporting requirements for companies inhibit innovation in the…