A new tax proposal from New York State Assemblymember Phil Steck could have a significant impact on the crypto market and the state’s economy. The proposed legislation mandates […]
New York Introduces Cryptocurrency Tax Proposal
A new tax proposal in New York aims to impose a 0.2% excise tax on sales and transfers of various digital assets, including NFTs. Assemblyman Phil Steck’s bill, […]
New York Introduces 0.2% Crypto Transaction Tax Bill
New York lawmakers have proposed a new bill, Assembly Bill 8966, to impose a 0.2% excise tax on all cryptocurrency transactions within the state. This move aims to […]
Seoul Seizes $210 Million in Crypto Tax Debt, Signaling Shift in Digital Economy
South Korea’s capital has made a significant move towards addressing crypto tax evasion. The Seoul Gangnam District successfully seized ₩210 million ($210 million USD) in unpaid virtual asset […]
India Uncovers ₹29,208 Cr Hidden Foreign Assets: Tax Bill Targets Crypto Profits
The Indian government has uncovered significant amounts of undisclosed foreign assets and cryptocurrency profits through the Income Tax Bill 2025. Over ₹29,208 crore in previously untaxed foreign wealth […]
Brazil Implements Flat 17.5% Crypto Tax Rate, Ending Exemption
Brazil’s crypto tax landscape has shifted dramatically. The country has abolished its long-standing crypto exemption and replaced it with a uniform 17.5% flat rate on all digital asset […]
Brazil Imposes Flat 17.5% Tax on Crypto Gains
Brazil’s crypto tax landscape is undergoing a major shift as the country introduces a uniform 17.5% flat tax on all cryptocurrency gains, effective June 2025. This change eliminates […]
Brazil Enacts Flat 17.5% Crypto Tax From June 2025
Brazil’s government has implemented a new flat tax of 17.5% on crypto profits, effective June 2025. This change replaces the previous progressive system and eliminates exemptions for smaller […]
Brazil Imposes Flat 17.5% Tax on Cryptocurrency Profits
In a move that reshapes the landscape of cryptocurrency operations in Brazil, the country has introduced a flat 17.5% tax rate on all profits derived from digital asset […]
Brazil Enacts New Crypto Tax Regime with Flat Rate of 17.5%
Brazil has implemented a significant tax overhaul for cryptocurrencies, eliminating the previous exemption on small-scale gains and introducing a uniform 17.5% flat rate for all capital transactions. This […]
Brazil Enacts Flat 17.5% Tax on Crypto Profits, Impacting Investors Nationwide
Brazil’s government has enacted a new tax policy requiring all cryptocurrency investors to pay a flat 17.5% tax on profits, effective immediately. This policy, announced by Provisional Measure […]
India Unveils Crypto Tax Probe to Tackle Evasion
India’s tax authorities have initiated a probe into suspected crypto tax evasion, signaling the country’s serious intent in enforcing regulations surrounding digital assets. This investigation follows a surge […]
India Launches Cryptocurrency Tax Evasion Investigation
Indian tax authorities have initiated an investigation into potential tax evasion related to cryptocurrencies, according to reports by BlockBeats. This action aligns with a wider effort to enforce […]
Senator Lummis Calls for Crypto Tax Reform, Sees Impact on Miners and DeFi Users
Senator Cynthia Lummis is advocating for significant changes to the U.S.’s tax system concerning cryptocurrency. She argues that outdated rules are hindering innovation in the crypto industry, impacting […]
Senator Lummis Criticizes IRS Crypto Tax Regulations, Calls for Reform
US Senator Cynthia Lummis has voiced strong concerns about the current US tax regulations governing cryptocurrency. She argues that these regulations are unfairly targeting Bitcoin and other digital […]