European Commission calls on 12 countries to implement crypto tax rules
The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital assets....
Tag : tax
Bitcoin payments held back by tax policy, not scaling tech: Crypto exec
The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs,...
Netherlands risks capital flight with unrealized gains tax on stocks, crypto
The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight. A majority...
French Crypto Tax Platform Waltio Hit by 50,000-User Data Breach
French authorities have opened a preliminary investigation into a data breach at Waltio, a cryptocurrency tax reporting platform used by tens of thousands of investors....
French authorities investigate data breach of crypto tax platform
A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000...
EU’s DAC8 Crypto Tax Law Is Now in Force. What It Means for You
Key Takeaways: DAC8 took effect on Jan. 1. The rules require crypto-asset service providers to collect and report user information and transactions to national tax...
Indian investors look beyond Bitcoin, Japan to soften crypto tax: Asia Express
Indian crypto holders branch out beyond Bitcoin: Survey The average crypto holder on the popular Indian crypto exchange CoinDCX is starting to diversify their portfolio,...
Indian crypto platforms push for tax rethink ahead of February budget
India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore activity...
Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules
In brief Bitcoin advocacy groups sent a letter to congressional tax leaders urging the extension of de minimis exemptions to Bitcoin and major network tokens...
Nigeria ties crypto oversight to tax IDs under sweeping reform
Nigeria is rolling out a new approach to cryptocurrency oversight that relies on tax and identity systems rather than blockchain surveillance, as part of a...