Tax
UN Development Arm: Developing Countries Should Ban Banks From Holding Crypto
Developing countries should introduce widespread restrictions on crypto usage given the risks to tax collection, monetary policy and financial stability, and ban banks from holding crypto, the United Nations’ development arm said in three reports published Thursday. “The Hash” team discusses the latest in the world of crypto regulation.
Panamanian Congressman Gabriel Silva on Country’s New Pro-Crypto Law
Panamanian Congressman Gabriel Silva discusses a recent law passed in the country exempting cryptocurrency transactions from capital gains taxes. Silva explains the unique framework of Panama’s constitution that prevents the country from adopting bitcoin as legal tender and how crypto can provide financial access to the country’s unbanked population.
Indian Crypto Trading Volumes Collapse, Coinbase Suspends Trading in India
Trading volumes on India’s major crypto exchanges plummeted after new legislation, which imposed a 30% capital gains tax on cryptocurrency transactions, came into effect April 1. Plus, Coinbase’s India operation suspended buy orders due to regulatory uncertainty.
How to Best Navigate Crypto Taxes As 2022 Deadlines Approach
CoinLedger Co-Founder & CEO David Kemmerer discusses best practices for crypto taxes, touching on strategic tax-loss harvesting, stablecoins and what software like CryptoTrader.Tax can offer. Plus a conversation about NFTs and CoinLedger’s ambitions to make digital asset taxes easier for traders.
Oklahoma State Senator on Attracting BTC Miners With Tax Incentives
Oklahoma State Senator John Michael Montgomery explains why he is pushing the state to attract bitcoin miners with tax incentives. Montgomery addresses energy concerns, highlighting the state’s abundance of wind and natural gas while discussing what mining operations can do for property values and public services.
What’s Next For India After Controversial 30% Crypto Tax Law
Nischal Shetty, CEO of WazirX, one of India’s largest crypto exchanges, and CoinDesk regulatory reporter Amitoj Singh join “Community Crypto” to discuss the potential outcomes for India’s crypto industry following passage of the parliament’s controversial 30% tax law on crypto transactions.
What to Know About India's Stiff Crypto Tax Laws
Beginning April 1, Indian citizens will pay a capital gains tax of 30% on crypto transactions. "Community Crypto" host Isaiah Jackson is joined by WazirX CEO Nischal Shetty and CoinDesk regulatory reporter Amitoj Singh to discuss the local and global implications of India's stiff new law.
