Gifting cryptocurrency like Bitcoin is becoming more common, but navigating tax rules can be tricky. The Internal Revenue Service (IRS) categorizes digital assets as property, which influences the […]
South Korea’s Cryptocurrency Tax: Fourth Delay Sparks Uncertainty for Investors
The South Korean cryptocurrency market faces a fresh wave of uncertainty as the government’s planned tax implementation continues to face delays, raising concerns about regulatory clarity and investor […]
IRS Unveils New Guidance for Cryptocurrency Exchange-Traded Products, Facilitating Staking
The U.S. Internal Revenue Service (IRS) has released updated guidance for cryptocurrency exchange-traded products (ETPs), including a new safe harbor for trusts to engage in staking digital assets. […]
Brazil Maintains Cryptocurrency Tax Policy: No Changes Announced
Brazil’s central bank confirmed that its current tax policy on cryptocurrencies remains unchanged. While the specific details and timeline for taxing cryptocurrency transactions are yet to be finalized, […]
Finland Introduces Crypto Reporting Framework to Enhance Taxation in 2026
Finland is set to implement a domestic Crypto-Asset Reporting Framework (CARF) by 2026, aiming to enhance its crypto taxation policies. The framework will require cryptocurrency exchanges and service […]
Jay Chou’s Crypto Nominee Dispute: A Case Study on the Risks of Holding Assets for Others in Taiwan
Jay Chou, the iconic Taiwanese musician, found himself embroiled in a legal dispute involving his Bitcoin investments. This case highlights how complex tax and regulatory frameworks in Taiwan […]
France Enacts Landmark Crypto Tax Proposal, Set to Revolutionize Digital Asset Investment
A groundbreaking tax proposal in France is poised to significantly reshape the digital asset investment landscape. France’s lower house of parliament recently passed an amendment to its tax […]
What Happens When You Don’t Pay Taxes on Your Crypto Holdings?
Cryptocurrency is subject to the same tax rules as traditional assets, including stocks and real estate. This means that selling, trading, or spending crypto can trigger taxable events. […]
Arch Lending Unveils TaxShield: A New Approach to Bitcoin Taxation for U.S. Investors
Arch Lending has launched TaxShield, a revolutionary product designed to help US-based Bitcoin holders manage their taxes effectively. Co-developed with Mark Moss and Blockware, this innovative approach leverages […]
UK Tax Authority Doubles Crypto Warning Letters, Encouraging Undeclared Gains Declaration
The UK’s tax authority, HM Revenue & Customs (HMRC), has significantly intensified its efforts to ensure crypto investors comply with reporting requirements. During the 2024–25 tax year, HMRC […]
UK Tax Authority Issues 65,000 Warning Letters to Crypto Investors
The UK tax authority, HM Revenue & Customs (HMRC), has sent over 65,000 warning letters to crypto investors in the UK. The aim of this campaign is to […]
UK Tax Authority Sends 65,000 Letters to Crypto Tax Evaders
The UK tax authority (HMRC) has initiated a major crackdown on crypto tax evasion, sending over 65,000 letters to suspected evaders for the 2024/25 tax year. This marked […]
HMRC Launches Crypto Tax Blitz: 65,000 Warnings Issued to Investors
The UK tax authority, HMRC, has ramped up its scrutiny of cryptocurrency investments with a significant push for accurate reporting. Over 65,000 warning letters were issued in the […]
Jersey: Balancing Crypto Appeal with Regulation
Jersey, an independent financial hub with a long-standing reputation for simple taxation and clear regulations, is attracting the attention of the crypto industry. This article explores how Jersey […]
Roger Ver to Pay $48 Million in Tax Settlement After DOJ Prosecution
Roger Ver, known as ‘Bitcoin Jesus,’ has agreed to a $48 million tax settlement with the U.S. Department of Justice (DOJ) to resolve allegations of tax fraud related […]