Tax

Tax

Policy

U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss

The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.

U.S. House Ways and Means Committee (Heather Diehl/Getty Images)

Policy

U.S. House panel shares crypto tax bill ahead of hearing later this week

The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored for policies.

CoinDesk

Finance

Germany moves to tax bitcoin like stocks as new draft bill targets tax-free gains

Existing holdings would keep the current tax treatment, which can allow tax-free sales after a 12-month holding period.

German flag next to building (Maheshkumar Painam/Unsplash)

Finance

240 UK taxpayers made more than $1.3 million each from crypto holdings in fiscal 2025

For the first time, the U.K.'s tax office broke out crypto capital gains figures, showing 17,600 people reported $1.87 billion in profits during the 2024-2025 tax year.

Tax office UK. (HM Revenue/Press)

Policy

Crypto advocates join in suing Illinois over digital asset tax

The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.

Illinois image via Shutterstock

Policy

Crypto lobby group Digital Chamber sues Illinois to block digital asset tax

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year.

Chicago, Illinois (Pedro Lastra/Unsplash)

Policy

Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters

Indian regulators maintained a hawkish stance despite the growing embrace of digital assets and technology by governments worldwide.

Indian flag (Naveed Ahmed/Unsplash)

Policy

Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking

The crypto sector's leading U.S. advocacy groups asked the U.S. House's tax committee to advance a bill to clarify treatment of assets from mining and staking.

Representative Mike Carey, an Ohio Republican (The Washington Post)

Policy

Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget

The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.

CoinDesk

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)