Spain is taking a stricter stance on cryptocurrency taxation. New proposals are aiming to increase taxes on Bitcoin and Ethereum gains, broaden the scope of regulated digital assets, […]
Brazil Considers 17.5% Tax on Cross-Border Crypto Payments
Brazil’s Ministry of Finance is exploring a new tax regime for international cryptocurrency transactions, aiming to address loopholes in the financial system. Proposed changes include imposing a 17.5% […]
Prop Trading Tax Essentials: A Guide for Maximizing Profits
Successful prop firm trading isn’t just about making trades; understanding and reporting your profits is key for long-term success. This guide demystifies the tax process for crypto trading, […]
Roger Ver Settles $48 Million Tax Case to Avoid Prison Time
Crypto pioneer Roger Ver has reached a tentative settlement with the US Department of Justice to resolve a tax evasion case. The deal, valued at nearly $48 million, […]
South Korea Prepares to Share Crypto Transactions for International Tax Transparency
South Korea is taking a major step toward global financial transparency by initiating a plan to share crypto transaction data with foreign tax authorities. This move signifies a […]
Slovenia Plans 25% Tax on Crypto Profits: What Does This Mean for Investors?
Slovenia is proposing a new tax policy on individual cryptocurrency profits, aiming to align with EU regulations and address existing loopholes. The plan involves taxing profits from converting […]
Germany’s SPD Looks to End Bitcoin Tax Exemption, Impacts Long-Term Holders
German political shifts could significantly impact the crypto space as experts warn of the potential end to a long-standing tax exemption for Bitcoin holders. The Social Democratic Party […]
Rhode Island Seeks to Exempt Bitcoin Transactions From State Taxes
Rhode Island lawmakers are proposing a bill that would exempt residents and businesses from paying state capital gains tax on up to 10 Bitcoin transactions per month, each […]