As the cryptocurrency market continues its ascent, governments are turning towards digital assets as a potential revenue source. This trend is evident worldwide, with notable examples like Brazil’s […]
Brazil Introduces Flat 17.5% Tax on Crypto Gains, Reshaping Digital Asset Landscape
On June 12, 2025, Brazil implemented a new tax policy for cryptocurrencies. A flat 17.5% tax rate applies to all capital gains generated from digital assets in the […]
IRS Digital Assets Chief Resigns After Three Months, Leaving IRS Leadership in Flux
Trish Turner abruptly resigned as head of the Internal Revenue Service’s digital asset division after just three months on the job. Her departure follows a series of high-profile […]
IRS Cryptocurrency Head Resigns: Impact on Crypto Tax Regulations
The resignation of Trish Turner, the former head of the IRS cryptocurrency division, has sent ripples through the crypto community. Turner’s departure comes shortly after other senior officials […]
New York Legislator Proposes Cryptocurrency Transaction Tax to Fund Drug Abuse Prevention
A proposed tax on cryptocurrency transactions within New York state aims to generate funds for drug abuse prevention programs. State legislator Phil Steck has introduced a bill that […]
Buenos Aires: No Confirmed Crypto Tax Payment Implementation Yet
Currently, Buenos Aires lacks an official crypto tax payment policy. While the city’s focus remains on ensuring compliance for cryptocurrency holders, its impact on local businesses is limited […]
0% Crypto Tax Drives Europeans to New Residencies
European citizens are increasingly relocating to countries offering zero capital gains tax on long-term cryptocurrency holdings. Countries like Germany and Portugal have introduced these policies, attracting a growing […]
New York Introduces Cryptocurrency Transaction Tax to Fund Substance Abuse Programs
Assemblymember Phil Steck has introduced a bill (Assembly Bill 8966) in New York State that proposes a 0.2% excise tax on digital asset transactions. This measure aims to […]
New York Proposes 0.2% Tax on Crypto & NFT Transactions
A proposed bill in the New York State Assembly aims to impose a small excise tax on cryptocurrency transactions, with an expected 0.2% rate for sales and transfers […]
New York Proposes 0.2% Crypto Tax to Fund Schools
New York lawmakers are proposing a new excise tax on cryptocurrency and NFT transactions, aiming to generate funds for school substance abuse programs in upstate areas. The proposed […]
New York to Implement 0.2% Crypto Tax for School Funding
The state of New York is proposing a new tax on cryptocurrency transactions, aiming to fund substance abuse programs in upstate schools. Assembly Bill 8966 would impose a […]
New York Aims for $158 Million from Crypto Tax to Fund Schools
New York lawmakers are proposing a 0.2% sales tax on cryptocurrency trades, aiming to raise over $158 million annually for upstate school drug prevention programs. This move could […]
New York Congressman Proposes Cryptocurrency Tax; State-Level Discrepancies Emerge
A bill proposing a 0.2% special consumption tax on cryptocurrency sales and transfers in New York has been introduced by Democratic Congressman Phil Steck. The bill, Parliamentary Bill […]
New York State Weighs Tax on Digital Asset Transactions
New York state lawmakers are considering legislation that would impose a 0.2% tax on transactions involving digital assets like Bitcoin and Ethereum, according to BlockBeats. The proposal, introduced […]
New York to Implement 0.2% Tax on Digital Asset Transactions
The New York State Legislature has proposed a new tax, set to take effect in September 2025, of 0.2% on all digital asset transactions. This initiative aims to […]