Tax

Tax

Politika

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.

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Politika

Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg

“We are working on an offering to service those clients really well on a one-off basis — to have them trade with us and stay with us," a Coinbase official said.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Görüş

Crypto Old-Head Otoh Talks Casascius Bitcoins, Tax Havens and Old Friends

The pseudonymous investor – early to both Ethereum and Litecoin – has lived large. He is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31.

Original Casascius coins (casascius.com)

Politika

Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The ATO said the data will help identify traders who failed to report their cryptocurrency-related activities.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Piyasalar

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

The crypto market faces the U.S. tax season liquidity test around the time the Bitcoin blockchain implements the fourth mining-reward halving on April 20.

Downgrade spiral staricase going down downwards (Unsplash)

Politika

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

Local exchanges have previously blamed falling trading volumes on commodities taxes on crypto.

Indonesia map (Jon Tyson/ Unsplash)

Politika

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Politika

Indonesia's Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin's Surge

The country's tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced.

Indonesia flag (Bisma Mahendra/Unsplash)

Politika

Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes

Indonesian crypto exchanges saw a 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.

Down Arrow spray painted on a brick wall (Shutterstock)

Politika

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source

Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

New Delhi, India (Unsplash)