President Donald Trump has signed a bill repealing a controversial rule requiring cryptocurrency brokers to report user transaction details to the IRS. The rule, which was finalized during […]
U.S. House Approves Trump’s Tax Cuts, Raising Debt Ceiling
The U.S. House of Representatives has moved forward with a plan to extend President Trump’s tax cuts and raise the debt ceiling. This plan would implement $5.3 trillion […]
Ukraine’s New Crypto Tax Plan Aims to Boost Regulation and Drive Market Growth
Ukraine has proposed a new regulatory framework for digital currencies that introduces a 23% tax on cryptocurrency transactions. The National Securities and Stock Market Commission of Ukraine (NSSMC) […]
Ukraine Unveils Detailed Cryptocurrency Tax Framework, Incorporating Military Levy
As Ukraine faces the ongoing conflict with Russia, a significant development is unfolding within its digital asset framework. The National Securities and Stock Market Commission (NSSMC) has presented […]
Ukraine Unveils Cryptocurrency Tax Proposal – What’s Exempt?
Amid ongoing trade tensions, Ukraine has taken action to regulate the cryptocurrency industry. The National Securities and Exchange Commission (NSSC) of Ukraine has proposed a comprehensive plan for […]
Ukraine Enacts 18% Crypto Taxation Rate Amidst Regulations
Ukraine has taken a significant step in regulating its cryptocurrency market by implementing a 18% income tax rate on virtual asset gains. The National Securities and Stock Market […]
Ukraine Proposes 23% Tax on Crypto Income as part of Expanded Digital Asset System
Ukraine’s Securities and Exchange Commission (SEC) has proposed a 23% tax rate on all cryptocurrency gains for individuals. This would include both personal income tax at 18% and […]
South African Revenue Service Cracks Down on Crypto Tax Defaulters
The South African Revenue Service (SARS) is taking a more aggressive stance on cryptocurrency tax compliance, warning individuals and businesses involved in crypto transactions to register with the […]
US House Moves Forward to Repeal ‘Unfair’ Crypto Tax Rule
The US House of Representatives has taken a significant step towards repealing the controversial ‘DeFi broker rule,’ which requires brokers to report digital asset transactions to the IRS. […]