India’s crypto industry is pushing for lower capital gains and transaction taxes to boost domestic trading, as increased government engagement coincides with a forecasted market surge of $15 […]
India Seeks Tax Relief for Crypto Industry to Boost Local Trading
The Indian crypto sector is calling for a reduction in tax rates to encourage trading and investment within the country. Currently, high taxes of 30% capital gains and […]
Florida Proposes Zero Capital Gains Tax on Crypto: Could it Spark a Market Revolution?
Florida’s bold initiative to eliminate state-level capital gains taxes on cryptocurrencies like Bitcoin and XRP has sent ripples through the financial world. This ambitious proposal, if passed, could […]
Trump Administration’s Tax Bill Threatens $20 Billion US Solar Industry
The future of the U.S. residential solar industry is hanging by a thread, as the House passed a bill that could severely harm its growth due to the […]
House Republicans Pass Legislation Impacting Income Distribution
A new legislation package passed by the U.S. House of Representatives has sparked debate regarding its impact on income inequality. The ‘Beautiful Act’ primarily benefits high-income earners through […]
Treasury Yields Remain Elevated as Trump’s Tax Plan Raises Fiscal Concerns
Despite slight downward movement in Treasury yields on Friday, they remained near uncomfortable levels due to uncertainty surrounding the impact of President Trump’s new tax legislation and its […]
30-Year US Treasury Yield Soars Near 18-Year High, Triggered by Trump Tax Bill
The U.S. 30-year Treasury yield surged to a level not seen in nearly two decades, reaching 5.14% on Thursday. This significant jump followed President Donald Trump’s tax bill […]
Bitcoin Price Surge Driven by Institutional Interest Amidst Economic Uncertainty
The price of Bitcoin surged recently, driven by growing institutional interest amidst economic uncertainties. The passage of the Trump Tax Bill through the House Ways and Means Committee […]
New Tax Bill Could Boost Bitcoin Prices Amid Massive Deficit Growth
A new Republican tax proposal, aiming for $4 trillion in cuts, might significantly increase the national deficit by $2.5 trillion. This action could trigger market reactions as investors […]
Trump Proposes Higher Taxes for Wealthy Americans
In an effort to balance other proposed tax cuts, U.S. President Donald Trump has proposed a significant increase in taxes for high-income earners. His plan introduces a new […]
IRS Crypto Leaders Resign Amid Tax Reporting Changes
The resignations of key IRS crypto policy leaders ahead of a crucial digital asset tax reporting update have created uncertainty for businesses and traders preparing for 2025 compliance. […]
Trump Moves Forward with Major Legislation and Tax Bill
U.S. President Donald Trump continues his efforts to advance a major legislative package, according to recent updates from congressional leaders. The tax bill has shown significant progress and […]
Trump Warns of Wealth Exodus Amidst Proposal for Millionaire Tax Hike
President Donald Trump expressed concern over a proposed tax increase on high earners, arguing that such a move would drive wealthy Americans to relocate overseas. He warned reporters […]
U.S. House Approves Trump’s Tax Cuts: Potential Market Impact on Bitcoin and Cryptocurrency
The U.S. House of Representatives has advanced a plan to implement former President Trump’s tax cuts, alongside a significant increase in the national debt ceiling. While proponents believe […]
Cryptocurrency Market Soars Following U.S. Tax Policy Changes
The cryptocurrency market has experienced a substantial surge, driven by recent U.S. tax policy changes announced by President Trump. As per data from SoSoValue, the market gained anywhere […]