Senator Cynthia Lummis and Senator Mike Crapo are leading the push for crypto tax provisions within the 2025 budget proposal, aiming to close the wash-sale loophole in cryptocurrency […]
Australia Imposes New Crypto Tax Rules: 15% Rate, ATM Caps and Investor Concerns
Australia’s government is introducing new cryptocurrency tax measures starting July 1, 2025, with a significant impact on the country’s digital asset landscape. Key changes include a 15% tax […]
Australia’s Crypto Tax Law: Major Changes Starting July 2025
With Australia’s fiscal year ending on June 30, 2025, a significant change in tax legislation for crypto assets is coming into effect. This new law will affect capital […]
India’s Cryptocurrency Sector Seeks Tax Cuts to Boost Growth Amid Increased Industry Engagement
The Indian cryptocurrency industry is calling for tax reforms, including a reduction in capital gains tax and transaction fees. This comes as officials are engaging more frequently with […]
India’s Crypto Industry Calls for Tax Relief to Boost Trading
India’s crypto industry is urging the government to lower taxes on digital assets, arguing that high rates are driving trading offshore and harming the economy. Leaders are pushing […]
India Paves Way for Cryptocurrency Growth with Tax Reforms Push
India is actively pursuing cryptocurrency taxation reforms, signaling a shift in the country’s stance towards this digital asset. The nation is seeking to ease the burden on crypto […]
Indian Crypto Industry Seeks Tax Relief, Hoping to Boost Local Market
The Indian crypto industry is facing a significant shift in its regulatory landscape. Seeking tax relief, the industry hopes to reshape the future of cryptocurrency trading in the […]
Sweden Implements MiCA, Updates Crypto Taxes for New Regulatory Clarity
Sweden has formally adopted the EU’s Markets in Crypto-Assets (MiCA) regulation in February 2025, alongside updates to its crypto tax policy framework. This move signifies a significant shift […]
India’s Crypto Tax Relief: Industry Pressure Amidst Unchanging Rates
Indian cryptocurrency exchanges are pressing for tax adjustments amidst the country’s ongoing 30% flat tax rate, sparking debate about investor sentiment and market behavior. While government agencies maintain […]
India’s Crypto Industry Seeks Tax Relief as Sector Faces Mounting Challenges
India’s cryptocurrency sector is intensifying its push for tax relief from the government, arguing that current regulations are overly burdensome. The industry cites high capital gains taxes and […]
India’s Crypto Sector Faces Regulatory Tightening, Calls for Tax Relief
India’s cryptocurrency industry is navigating a period of significant regulatory change following the implementation of the 2025 Income Tax Bill. This new legislation has introduced stringent measures for […]
Bitcoin Purchases May Trigger Taxes for US Consumers
Using Bitcoin to buy everyday items like a burger in the U.S. may be considered taxable, leading to concerns about financial burdens and tax implications for cryptocurrency users. […]
Understanding Cryptocurrency on Your Balance Sheet: A Guide to Accurate Accounting
Accurate accounting for cryptocurrency is crucial for tax reporting, financial transparency, and compliance. This guide demystifies the process of recording crypto gains and losses on your balance sheet, […]
Millions in Crypto Refunds Possible After Australian Court Ruling
A landmark court ruling in Australia could significantly impact how cryptocurrencies, including Bitcoin, are taxed. The case involved stolen Bitcoin, where a judge ruled that the cryptocurrency should […]
UK to Mandate Full Customer Data Reporting on Every Crypto Trade Starting 2026
The UK government has announced new tax transparency rules requiring crypto firms to report comprehensive customer data on all transactions starting January 1, 2026. The move aligns with […]