Tether CEO slams Italy plan to increase capital gain tax on Bitcoin to 42%
Crypto users said they would consider leaving Italy due to the high tax regime.
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Crypto users said they would consider leaving Italy due to the high tax regime.
Oluwapelumi Adejumo 2 min read
This David vs Goliath story now features crypto advocacy group Coin Center in the legal battle over IRS tax policy on staking rewards.
Market observers said the move further cements the UAE as a prominent crypto hub.
Nigeria has arecently adopted a stringent regulatory regime towards the emerging industry.
Binance CEO Teng said the inflows shows investor's confidence in the crypto trading platform.
South Korea has a thriving crypto regulatory that is widely recognized globally.
Brokers, including exchanges, must comply starting in 2026 and 2027.
The controversial tax form has not been finalized.
IRS criminal investigation chief Guy Ficco reported an "uptick" in tax evasion related to crypto transactions and gains.