2022-2-3 12:50 |
Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption. origin »
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The proposed bill includes intrusive tax collection measures which would inhibit the productivity of the nation.
2021-10-14 00:30 | |
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The mass adoption of cryptocurrencies is determined not just by an extension of the user base, but also by an inclusive policy and tax regime. A French politician has now proposed a relaxation in tThe post What is this French politician's solution to the country's crypto-tax regime appeared first on AMBCrypto.
2021-10-2 23:00 | |
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Mayor Scott Conger of Jackson, Tennessee, is exploring options to make the city accept property tax in bitcoin (BTC). Bitcoin Adoption, One Step at a Time In yet another development toward mainstream bitcoin (BTC) adoption, Mayor Scott Conger of Jackson – the 8th largest city in Tennessee, U.
2021-7-16 13:00 | |
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PRESS RELEASE. June 2021, leading Crypto service comparison site – Cryptowisser, attempts to dissipate the cloud of confusion surrounding tax regulations on crypto currencies around the world.
2021-6-28 08:00 | |
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The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent.
2021-5-28 07:00 | |
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The Zug cantonal tax office has enabled this crypto adoption using the Bitcoin Suisse Crypto Payments solution, the announcement read. An accompanying video shows how Swiss crypto-enthusiasts can use their BTC or ETH to pay their taxes.
2021-2-19 22:41 | |
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Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery.
2020-12-8 00:00 | |
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Bitcoin's adoption narrative over the past few years has been rather promising. With institutional investors stepping in along with more regulatory and tax clarity for digital assets and the larger crThe post Here's who will take the lead on Bitcoin's institutional adoption race appeared first on AMBCrypto.
2020-10-11 16:00 | |
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Yet, the biggest crypto hub remains on the blacklist.
2020-10-8 00:13 | |
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Switzerland’s crypto valley, Zug, is taking another step towards complete virtual currency adoption with plans to begin accepting tax payments in cryptocurrency. Several tax offices around the world have okayed citizens meeting their tax obligations using virtual tokens.
2020-9-5 13:00 | |
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Cryptocurrencies like Bitcoin have seen its adoption grow significantly in the past few years. The increase in regulatory clarity and the easy access to on-ramps has been a catalyst that has enabled mThe post For Bitcoin investors, can loopholes in tax regulation be a blessing? appeared first on AMBCrypto.
2020-4-27 19:00 | |
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Crypto-taxing has been talked about a lot lately. While South Korea's regulators recently stated that taxes cannot be imposed on crypto-profits, Spain’s tax agency, the Agencia Estatal de AdministraThe post Bitcoin: Are current crypto-tax laws hindering coin's adoption? appeared first on AMBCrypto.
2020-4-19 00:30 | |
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With cryptocurrencies like Bitcoin gaining in adoption and mainstream recognition, the IRS has added measures to ensure that crypto traders pay their fair share of taxes this tax season. With over a mThe post Cryptocurrency users failing to file AML forms may face trouble this tax season appeared first on AMBCrypto.
2020-3-2 23:00 | |
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The tax benefits of donating bitcoin to nonprofits could help push bitcoin adoption in 2020. The post 2020 Bitcoin Adoption: Why Nonprofits Will Lead the Way appeared first on Bitcoin Magazine.
2020-2-11 16:00 | |
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The Swiss municipality of Zermatt becomes the latest region whose citizens can now pay for local taxes with Bitcoin. Credit Suisse Continues to Drive BTC Adoption Switzerland has been crypto and blockchain-friendly country for years now, and it still continues to improve its levels of adoption.
2020-1-29 18:00 | |
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South Korea one of the most progressive nation in terms of evolving technology adoption might impose a 20% tax on crypto gains in the country as per a report published by a local daily, The Korean Times.
2020-1-20 18:10 | |
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Crypto adoption a likely beneficiary as Greece and Italy crackdown on black markets and tax evasion and take up a frontline position in the ‘war on cash’.
2019-12-19 14:01 | |
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The growing popularity of stablecoins is slowly causing a major shift to occur. The first of these assets has now found a use outside of the cryptocurrency industry as well. The USDC stablecoin will now be accepted for tax payments in Bermuda.
2019-10-18 01:59 | |
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The “crypto valley” in Switzerland is based in Zug. Zug is a small tax haven hamlet that is not that famous. It is known for harboring the Marc Rich oil trader in the 80s, tech firms that are in the lifetime of Bitcoin and tax shells that were in the 90s. Silicon Valley and Zug […]
2019-10-15 18:41 | |
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With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are not taxing crypto transactions.
2019-10-14 13:15 | |
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Bitcoin was created right after the financial crisis of 2008, conceptualized as an alternative to the existing centralized model which had failed the world several times over the years by keeping power concentrated in the hands of governments.
2019-10-11 21:30 | |
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Bitcoin adoption has been dealt a hefty blow as the State of Ohio has suspended the payment of taxes using Bitcoin (BTC). Ohio’s Treasurer, Robert Sprague, made the announcement yesterday via a press release that ordered the immediate suspension of the OhioCrypto.
2019-10-4 16:20 | |
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Bitcoin takes another step toward mass adoption as a Toronto suburb favorably votes to accept Bitcoin for property tax payments. Cash, Credit or BTC? Canadians living in the Toronto suburb of the City of Richmond Hill can now pay their property taxes in Bitcoin thanks to a partnership between the municipality and Coinberry.
2019-7-17 19:00 | |
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Following a recent council approval, Canadian City of Richmond Hill will be exploring providing crypto asset property tax payments. Helping to provide the service will be domestic digital currency platform, Coinberry.
2019-7-16 02:00 | |
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American crypto-users have been using digital coins since their conception and the bull run of Bitcoin [BTC] has attracted more crypto-fans and spurred wider adoption. Due to this fact, US became the highest traffic generator for the world’s popular crypto-exchanges.
2019-7-11 03:30 | |
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By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption.
2019-6-14 16:15 | |
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Although CoinBase Card will spur adoption, allowing for US clients to spend their coins, the IRS will tax any event--conversion or spending. The post Coinbase Card Set for Tests, But the IRS is Watching appeared first on Ethereum World News.
2019-5-10 13:35 | |
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Although CoinBase Card will spur adoption, allowing for US clients to spend their coins, the IRS will tax any event--conversion or spending. The post CoinBase Card Set for Tests, But the IRS is Watching appeared first on Ethereum World News.
2019-5-10 13:35 | |
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Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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President Donald Trump’s proposed remittance tax, which would levy additional fees on money being sent outside of the United States in an effort to curb immigration, could have the end effect of driving cryptocurrency adoption.
2019-4-17 01:47 | |
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A recent poll conducted by Big Four auditing firm KPMG shows that blockchain adoption is not a high priority for major tax and finance executives
2019-4-10 20:32 | |
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If a recent poll conducted by KPMG is anything to go by, blockchain technology still has a way to go in terms of corporate adoption in the tax and finance world. According to the survey, which asked the opinion of 450 respondents, some 60 percent of participants said they would be willing to adopt the technology within the organizations in a bid to automate tasks.
2019-4-9 19:00 | |
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Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.
2019-3-28 19:04 | |
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A Bitcoin Cash (BCH) supporter recently noted that the biggest hindrance to cryptocurrency adoption is tax laws and reporting taxes on digital currency usage. After reading the commentary, Bitcoin.
2019-3-21 04:30 | |
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Crypto users were sent into a frenzy over March 4, 2019, reports that Starbucks had earned significant equity in Bakkt and might begin accepting crypto payments. However, this could prove to be a tax nightmare for Starbucks users.
2019-3-8 17:30 | |
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Using Bitcoin to pay for coffee at Starbucks might come with some difficult implications as far tax filings are concerned. Increased Bitcoin Tax Filing Palaver As reported by Bitcoinist, part of the Bakkt launch will see the adoption of Bitcoin payment for coffee at Starbucks.
2019-3-7 19:00 | |
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Swedish Man Linus Dunkers has filed a court case after being charged $885,000 in tax for Cryptocurrency trading. An amount he says is over three times all the profit he made, as per a report from SVT January 20, 2019.
2019-1-23 09:59 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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Major U. S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state’s novel taxpayer platform, Ohiocrypto. com. Leading Crypto Adoption The 34th largest U.
2019-1-6 14:06 | |
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UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption.
2018-12-12 01:00 | |
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U. K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would place the country at the forefront of digital currency adoption in Europe.
2018-12-12 23:55 | |
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A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation.
2018-12-11 13:50 | |
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A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to encourage adoption of cryptocurrencies in the country, CoinDesk reported. Takeshi Fujimaki, a representative of political party Nippon Ishin, said in a meeting held earlier this month that the country’s tax system should not “crush the future” of digital […]
2018-12-10 12:53 | |
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A Japanese politician has proposed four changes to the taxation system he says will promote adoption of cryptocurrency in the country.
2018-12-10 12:00 | |
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Ohio is now setting up an official website to allow businesses to pay taxes with bitcoin. According to a recent article published by the Wall Street Journal (WSJ), the state of Ohio seems to have given tacit acceptance to bitcoin by allowing businesses, although not individuals, to pay all manner of taxes with the cryptocurrency.
2018-11-27 21:32 | |
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In what could be a further critical sign of cryptocurrency adoption in the U. S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be rolled out to personal taxpayers at some point in the future.
2018-11-26 10:00 | |
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nitialization eligible for damages. Major US state to start accepting tax payments in Bitcoin In news that definitely screams “real world” cryptocurrency adoption, US state of Ohio will give its tax payers an option to pay their taxes with Bitcoin.
2018-11-26 02:29 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Gemini launches in France after securing DASP registration in January. The launched platform supports 70+ assets, euro deposits, and institutional trading tools. France’s crypto growth and MiCA regulations drive Gemini’s European expansion.
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
Singaporean cryptocurrency exchange Fairdesk has unveiled plans to wind down its operations in the coming month. This move comes as a surprise, as there had been no prior indications of difficulties facing the platform.
Gemini exits Canadian market, citing strict regulations and compliance costs. Users must withdraw funds by Dec. 31 as all accounts will close by that date. Canada’s new crypto rules, set for 2026, further restrict decentralized markets.
Gemini will make this payment as a settlement for a crypto fraud claim in New York. Gemini is also banned from operating lending programs in New York. Letitia James, the New York Attorney General, announced that her office has successfully…
Gemini Earn users will receive triple the value of assets locked in the lending product after debacles with FTX and Genesis.
Gemini Earn users get $2. 18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of Earn users’ assets.