Latest Crypto News
2 March 2021- Bitcoin2 years ago
Bitcoin ATM Scam: Fraudsters Got Away With over $50,000
Fraudsters impersonating debt collectors have defrauded at least four Australian immigrants through a fake tax fraud scheme obliging the victims to settle non-existent debt via ATMs. The four victims are from …
- Cryptocurrency Exchange3 years ago
South Korea’s Largest Crypto Exchange Cleared by Government
Bithumb, South Korea’s largest crypto exchange by trade volume, has been cleared of concerns over potential malpractice, suspicious business activities and possible tax evasion after a three-month intensive investigation by …
- Cryptocurrency Regulation3 years ago
Portugal’s Tax Authority Publishes Guidelines for Cryptocurrency Taxes
Portugal’s Tax and Customs Authority (AT) on Thursday, May 31, published guidelines on how different tokens and tokens issuance (ICOs) will be taxed. AT guidelines defines a handful of taxes …
- Cryptocurrency3 years ago
French Government Lowers Tax on Cryptos From 45% to 19%
The French government has reduced the tax rates for capital gains generated from digital currencies which will be subjected to a 19% rate from the previous high of 45%. The French …
- Cryptocurrency3 years ago
Polish Crypto Traders Protest Poland’s New Crypto Tax Levy
In Poland, every crypto transaction is subjected to 1% economic tax levy, thanks to the new law passed by the Polish Finance Ministry. The Civil Law Operation Tax requires that …
- Cryptocurrency3 years ago
American Taxpayers Could owe up to $25 Billion in Cryptocurrency Taxes
With the onset of the tax season in the US, cryptocurrency holders are still unsure how to file their capital gains taxes. According to reports, cryptocurrencies account for close to …
- Cryptocurrency3 years ago
Cryptocurrency Tax Rate Stands At 13% in Russia
Soon, there will be a legislation that will seek to regulate crypto-related matters in Russia. In the last couple of weeks, legislators have filed two bills before the State Duma. …
- Cryptocurrency3 years ago
U.S Internal Revenue Service (IRS) Reminds Cryptocurrency Investors of Tax Obligations
The Internal Revenue Service (IRS) has issued a public release to remind U.S. taxpayers to include any cryptocurrency income on their annual tax returns. The Taxman issued a warning that …
- Cryptocurrency Exchange3 years ago
Coinbase Makes It Easier For Customers To File Tax Returns By Introducing Tax Tools On Their Platform.
Since the requirement by IRS that US cryptocurrency traders pay tax, Crypto Enthusiasts have been afraid of failing to comply with this requirement. Coinbase has taken the initiative to make …
- Cryptocurrency3 years ago
Arizona House Committee Recommends To Pay Tax Bills with Bitcoins and other Cryptocurrencies.
Bitcoin enthusiasts have a reason to smile as Arizona House of Representatives recommends that the bill allowing residents to pay their tax bills using Bitcoin be passed. According to public …