6 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026

Is Accepting Crypto Salaries Worth It? Experts Unpack 4 Drawbacks to Know

Fueled by a desire for greater flexibility, the exploding popularity of freelancing is ushering in the era of the "crypto worker," where traditional salaries are swapped for crypto payments. Crypto payments have gained significant traction recently as a way for freelancers to be paid on their...

, by Shalini Nagarajan

Exclusive: India’s Third Consecutive PM Modi Retains Finance Minister, Crypto-Friendly Approach to Continue? Exchanges React

Narendra Modi has once again sworn in as India’s Prime Minister for the third-term on Sunday with coalition allies. The PM has re-appointed Nirmala Sitharaman as the country’s finance minister, which gains mixed reactions from the nation’s crypto community. Sitharaman...

, by Sujha Sundararajan

South Korean Lawmakers Consider ‘Abolishing’ Crypto Tax Law

South Korean lawmakers may “abolish” a new crypto tax law, six months before it even comes into force. According to Hanguk Kyungjae, the National Assembly Legislative Research Service mentioned the possible crypto tax “abolition” debate in the latest edition of the...

, by Tim Alper

Turkey Mulls Taxing Crypto Gains To Support Disinflation: Report Reveals

Turkey plans to introduce taxes on gains from crypto and stock trading. This was revealed by an official on June 5, and the decision is part of the strategic move to enforce strict fiscal discipline and improve price stability after the country has faced inflation challenges Turkey Plans To Tax...

, by Jimmy Aki

Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024

The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.

, by Ruholamin Haqshanas

Where the Whales Are – Top 5 Countries for Crypto Investors

As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments.

, by Ruholamin Haqshanas

Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases

The Canada Revenue Agency (CRA) is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors. The National Post reported Monday that Sahil Behal, a director general at the CRA's compliance branch,...

, by Shalini Nagarajan

Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details

The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed. Announced in April, the data collection program...

, by Shalini Nagarajan

4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders

Only a small fraction of French crypto holders have declared their coins to the state, a report claimed – with the government set to take action. Per the French IT magazine Clubic, the Ministry of Public Action and Accounts and the nation’s tax bodies are preparing to act. They...

, by Tim Alper

South Koreans Warned to Declare Overseas Crypto Exchange Holdings

South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.” The cautionary words came from Kim Dae-kyung, a tax accountant at the Hana Bank Asset Management group’s Asset Management Consulting Center....

, by Tim Alper

Indonesia, Australia Authorities Ink Crypto Taxation Deal

Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement. The purpose of this agreement, announced Tuesday, is to improve identifying assets potentially subject to taxation in either nation. It is also meant to...

, by Shalini Nagarajan

Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023

Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets. Per a report from a local media outlet...

, by Sujha Sundararajan

IRS Releases Draft of 2025 Digital Asset Reporting Form for US Taxpayers

The IRS has recently released a draft of Form 1099-DA for reporting income derived from digital asset transactions.

, by Ruholamin Haqshanas

Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means

Canada's 2024 budget reveals plans to adopt the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, impacting Canada crypto service providers.

, by Andrew Throuvalas

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The investigation, which spanned from 2020 to 2023 and focused on data center operations, revealed that they deliberately exploited...

, by Shalini Nagarajan

Crypto Service Providers in Canada Must Report Transfers, Customer Data By 2027

Crypto firms in Canada will soon face increased disclosure obligations, per regulations introduced in Tuesday's 2024 federal budget. The Canadian government said it intends to implement the Crypto-Asset Reporting Framework (CARF). This framework, endorsed by the Organisation for Economic...

, by Shalini Nagarajan

# crypto tax (Page 6)

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