Tax
Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports
The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.
UAE Exempts Crypto Transactions From Value Added Tax
The update in the law applies retrospectively from Jan. 1, 2018.
Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
"We don’t have a stocks tax on our agenda," Vice President Cevdet Yilmaz told Bloomberg, including the country's plans that also affect crypto.
Japans Financial Regulator Mulls Taxing Crypto as Financial Asset
A change in the regime could result in lower taxes for some crypto investors.
Nigeria Planning to Present Law to Tax Crypto by September: Report
Enacting the law would need the support of the National Assembly.
IRS Shares New Crypto Tax Form, Invites Industry Input
The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.
India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report
“The policy stance is how does one consult relevant stakeholders, so it is to come out in the open and say here is a discussion paper these are the issues and then stakeholders will give their views,” said Ajay Seth who is the Economic Affairs Secretary in India's Finance Ministry.
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
The budget is the first since Prime Minister Narendra Modi was elected for a third straight term.
Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.
The move, which would impose a significant financial burden on domestic firms, is in stark contrast to Trump's recent support of crypto mining.
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
