Tax

Tax

Policy

Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns

The effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Policy

U.S. House tax committee weighs crypto bills, including relief for small transactions

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

The IRS has issued guidance on how it intends to tax crypto staking rewards. (Jesse Hamilton/CoinDesk)

Policy

Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions

The newest version of the Parity Act updates language around payment stablecoins and directs the IRS to report on how a de minimis exemption might work.

CoinDesk

Finance

Tax-free bitcoin is back: How UK investors can avoid paying duty on crypto investments once more

Stratiphy will offer access to three ETNs provided by 21Shares: those covering bitcoin, ether and one combining BTC and gold.

The financial district in London (Albrecht Fietz/Pixabay)

Policy

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

The lack of a de minimis exemption for crypto payments and staking rewards taxed at receipt creates a huge reporting burden, the data shows.

Calculator next to tax documentation (Kelly Sikkema/Unsplash)

Policy

Buying coffee with bitcoin is easy, the resulting tax burden is not

A libertarian think tank argues that treating bitcoin as a capital asset for tax purposes makes everyday payments impractical due to the complex reporting requirements.

A mug of black coffee, leather notebook, glasses and pen rest on top of spreadsheet printout.

Videos

The case for $50M bitcoin and Patrick Witt 'cautiously optimistic' on Clarity Act

On this episode of CoinDesk's Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by White House Executive Director of the President's Council of Advisors on Digital Assets Patrick Witt for the latest on the Clarity Act and why stablecoin yield poses limited risk to banks. EMJX CEO Eric Jackson explains his Gen 2 digital asset treasury strategy and makes the case for $50 million Bitcoin by 2041. Plus, Morgan Stanley Managing Director and Head of Digital Asset Strategy Amy Oldenburg discusses the firm's spot Bitcoin ETF launch and its expanding crypto product suite.

The case for $50M bitcoin and Patrick Witt 'cautiously optimistic' on Clarity Act

Policy

UK investors have just one month to add crypto ETNs in tax-free wrapper: FT

The lifting of the ban on retail investors accessing crypto ETNs was seen as a major win in the adoption of crypto investments due to the possibility of it being added to products like ISAs.

Pound coins and a pen sit on top of a  printed tax return. (Shutterstock, modified by CoinDesk)

Policy

Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows

A new reporting system, DeCripto, will be introduced in July 2025 to track crypto transactions.

(CoinDesk)

Policy

Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty

Industry groups signed a letter to President Donald Trump calling for new tax policy and agency action on initiatives apart from Congress' market structure work.

Donald Trump (Jesse Hamilton/CoinDesk)