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 […]
South Korea Leads Global Effort To Track Crypto Transactions
South Korea has announced a groundbreaking initiative to share cryptocurrency transaction data internationally, aiming to combat tax evasion and enhance transparency in the virtual asset market. Under its […]
South Korea Enacts OECD Crypto Reporting Framework for Enhanced Transparency
South Korea is set to implement the OECD’s framework for reporting cryptocurrency transactions (CARF) in 2024, a move aimed at enhancing international tax transparency and combating offshore evasion. […]
Indian Cryptocurrency Exchanges Under Investigation for Misusing Client Funds
India’s Income Tax Department is investigating a growing number of alleged instances of misuse of client funds by Indian cryptocurrency exchanges. The department has discovered that these platforms […]
Only 17,000 Crypto Holdings Revealed in South Africa – Massive Undeclared Wealth Threatens Tax Authorities
A stark discrepancy has emerged in South Africa’s cryptocurrency landscape: only 17,000 out of an estimated six million individuals holding digital assets have officially declared their holdings to […]
California Man Charged in $93 Million COVID Tax Fraud Scheme
Kristerpher Turner, a California resident, and several accomplices have been charged with orchestrating a $93 million COVID tax fraud scheme between June 2020 and December 2024. The alleged […]
South Korea Tightens Crypto Grip: Seizing Assets from Tax Evaders
Facing pressure to curb tax evasion and address digital asset fraud, South Korea is stepping up its enforcement of crypto regulations. From seizing hidden wealth to investigating suspected […]
India Uncovers ₹29,208 Crore in Hidden Assets, Intensifying Crypto Tax Drive
India’s tax drive has unearthed significant hidden assets, including ₹29,208 crore in unreported foreign holdings. This crackdown on tax evasion follows increased disclosures of overseas assets by taxpayers […]
India Intensifies Cryptocurrency Tax Crackdown: Investigation Focuses on Undeclared Assets
India’s tax authorities are launching a comprehensive investigation into cryptocurrency tax evasion, aiming to uncover undisclosed incomes and discrepancies in tax filings. The Central Board of Direct Taxes […]
India Investigates Crypto Tax Evasion, Potential Market Impact Unclear
Indian tax authorities are currently probing potential tax avoidance related to cryptocurrency transactions. While the specific details remain undisclosed, this investigation focuses on ensuring compliance with existing tax […]
India Cracks Down on Crypto: CBDT Sends Notices to Millions Over Undeclared Income
India’s tax agency, the Central Board of Direct Taxes (CBDT), is launching a major investigation into individuals and businesses who haven’t reported income from virtual digital assets (VDAs) […]