The UK’s HMRC has issued a record-breaking 65,000 warning letters to suspected cryptocurrency tax evaders for the 2024–25 fiscal year. This marks a significant increase from last year’s […]
HMRC Tightens Scrutiny on Cryptocurrency Investors
The UK’s HM Revenue and Customs (HMRC) is ramping up its focus on cryptocurrency investors. The agency has doubled the number of warning letters sent to individuals suspected […]
UK Tightens Crypto Rules: Warning Letters Surge Amidst Market Growth
The UK is taking a more assertive stance against crypto tax evasion, significantly increasing outreach to digital asset investors through warning letters. As the popularity of cryptocurrency in […]
UK Doubles Crypto Warning Letters as Tax Scrutiny Intensifies
The UK tax authority has ramped up its scrutiny of crypto investors by issuing double the number of warning letters in 2024–25. HMRC is aiming to encourage those […]
India Cracks Down on Crypto Taxation with Probe of Binance Users
India’s tax authorities are launching a nationwide investigation into over 400 high-value cryptocurrency accounts linked to the Binance exchange, aiming to identify unreported crypto income and cross-border tax […]
India Investigates Over 400 Binance Traders for Crypto Tax Evasion
The Indian Income Tax Department is scrutinizing over 400 high-net-worth individuals who trade cryptocurrency on Binance for alleged tax evasion related to their profits in the fiscal year […]
India Investigates Over 400 Binance Traders for Crypto Tax Evasion
Indian tax authorities are scrutinizing over 400 Binance traders for suspected crypto tax evasion. These investigations involve analysis of trading data from 2022-2025, aiming to uncover undeclared cryptocurrency […]
India Investigates Over 400 Binance Users for Crypto Tax Evasion
India’s tax authorities have launched a probe into over 400 high-net-worth individuals suspected of evading cryptocurrency taxes through the use of Binance, the world’s largest cryptocurrency exchange. The […]
Roger Ver Strikes Tentative Deal with US Authorities, Avoiding Prison Time
Roger Ver, the influential figure who once earned the title ‘Bitcoin Jesus,’ has reportedly reached a tentative agreement with U.S. authorities to settle a long-standing tax dispute. The […]
South Korea Fights Rising Crypto Tax Evasion Amidst Boom in Virtual Asset Trading
Driven by a surge in virtual asset trading, South Korea is taking decisive action against tax evasion. The National Tax Service (NTS) is deploying sophisticated tracking systems to […]
South Korea Extends Crypto Tax Enforcement to Cold Wallets
The South Korean National Tax Service (NTS) has expanded its crypto tax enforcement to include cold wallets, signifying a significant shift in the nation’s approach to virtual asset […]
Roger Ver Settles Tax Case, Facing $48 Million Restitution for Cryptocurrency Earnings
Bitcoin pioneer and prominent cryptocurrency figure Roger Ver has reached a settlement with the US Department of Justice (DOJ) regarding accusations of tax evasion related to his cryptocurrency […]
South Korea Intensifies Fight Against Crypto Tax Evasion
South Korea’s National Tax Service is stepping up its efforts to tackle cryptocurrency tax evasion. Officials warn that assets held in cold wallets, including those stored offline, could […]
South Korea Tightens Crypto Scrutiny: Cracking Down on Cold Wallet Evasion
South Korea’s National Tax Service (NTS) is ramping up its efforts to combat tax evasion in the booming cryptocurrency sector. New measures target the concealment of digital assets, […]
Roger Ver Negotiates $48 Million Tax Deal To Avoid Prison
Former Bitcoin evangelist Roger Ver, known as “Bitcoin Jesus,” has reportedly reached a tentative agreement with the U.S. Department of Justice to resolve tax evasion charges. The deal […]