The UK government is implementing stricter cryptocurrency capital gains tax regulations starting in the 2024/2025 tax year. These rules have significant implications for UK investors and traders.
UK Tax Authority Tightens Crypto Scrutiny: Warning Letter Surge Fuels Enforcement Efforts
The UK’s tax authorities are stepping up their monitoring of cryptocurrency transactions, sending significantly more warning letters to investors suspected of underreporting or avoiding taxes on their digital […]
US Drops Tax Case Against Bitcoin Advocate Roger Ver: $50 Million Deal Secured
A significant development has unfolded in the case against Bitcoin advocate Roger Ver, also known as ‘Bitcoin Jesus,’ with the US government proposing to dismiss its criminal indictment. […]
Cryptocurrency Companies Receive Relief From Heavy Taxes with New IRS Guidelines
Cryptocurrency companies, particularly larger publicly traded firms like Coinbase, Microstrategy, Riot Platforms, Marathon, Circle, and Paxos, have experienced significant tax challenges due to the Corporate Alternative Minimum Tax […]
Trish Turner Exits IRS Digital Assets Division, Joins Crypto Tax Firm
Trish Turner has left her position as head of the US Internal Revenue Service’s (IRS) digital assets division after just a few months. She announced her departure on […]
ION Group to Settle €280 Million in Italian Tax Dispute
The ION Group has agreed to pay €280 million in a tax settlement with Italian authorities, resolving a decade-long investigation into alleged discrepancies in its financial records. This […]
IRS Enforces New Crypto Cost Basis Rules in 2025
The IRS will implement new wallet-by-wallet cost basis rules for cryptocurrency trading, including Bitcoin, beginning January 1, 2025. This regulatory shift demands meticulous compliance from investors and traders. […]
7 Top Crypto Portfolio Trackers for 2025: Navigating the Digital Investment Landscape
Staying ahead of your crypto holdings requires more than just viewing price fluctuations. The best crypto portfolio trackers in 2025 offer comprehensive insights into your digital assets, enabling […]
Australian Court Rules Bitcoin as Money, Opens $640M Tax Refund Door
An Australian court ruling has designated Bitcoin as money, potentially unlocking up to $640 million in capital gains tax (CGT) refunds for cryptocurrency transactions. Judge Michael O’Connell of […]
Korean Crypto Investors Demand Tax Abolishment as Survey Reveals Priorities
Recent research into the Korean cryptocurrency investor landscape reveals a clear demand for tax reform. A survey by Bitcoin World and Cratos polled 2,000 individuals across South Korea, […]
IRS Announces Major Crypto Tax Changes for 2025
The IRS has unveiled significant changes to crypto tax regulations, set to take effect in 2025. These updates affect reporting requirements and tax rates, potentially impacting the cryptocurrency […]
Crypto Tax Deadline 2025: Your Guide to Navigating France’s New Regime
In 2025, crypto tax declarations in France will be more crucial than ever, as new regulations under the MiCA framework impact every holder of bitcoin, Ethereum, or other […]
U.S. Crypto Investors Face Tax Deadline Approaching
With the U.S. tax filing deadline for the year approaching on April 15th, 2025, cryptocurrency investors are preparing to file their 2024 returns. As per BlockBeats reports, crypto […]