Read crypto tax news, reporting rules, compliance guidance, audits, and policy changes affecting digital asset holders and businesses.
In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.
Monika Ghosh 4 min read 
Crypto trading gains are subject to the 26% Italian tax rate once they exceed 2,000 euros per tax period.
The Majilis have approved the new bill governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan.
SBF has been the topic of discussion regarding regulation recently. He recently spoke directly about his views with Erik Voorhees on a Bankless livestream to expand on his position of a 'light touch' regulatory framework
Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.
In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.
NFT investors must report all taxable NFT incomes for the 2022 tax year as the IRS now considers NFTs digital assets like cryptocurrencies.
Capital gains earned from crypto held for less than a year will be taxed 28%.
The IRS has found that tax reporting and compliance is significantly low when it comes to digital asset transactions.
