2021-8-9 01:00 |
The lack of regulations in the field of cryptocurrencies once again emerged as a pain point when the United States government released its proposed tax provisions, as part of the Infrastructure Bill.
Similar to Notcoin - Blum - Airdrops In 2024
|
A pair of U.S. states are following through with programs permitting people to make tax payments in cryptocurrency. The post Two Rocky Mountain States Greenlight Crypto Tax Payment Programs appeared first on BeInCrypto.
2022-7-6 22:00 | |
|
|
On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […]
2021-8-8 17:23 | |
|
|
Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.
2021-8-7 13:34 | |
|
|
Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
|
|
United States Congressman Brad Sherman (D-CA) has urged his colleagues to consider completely shutting down cryptocurrencies, arguing that they are “highly volatile”. Sherman: Crypto Facilitates Tax Evasion A congressional hearing hosted by the House Financial Services Oversight Subcommittee on June 30 performed an overview of the budding crypto ecosystem. Sherman observed that it would make […]
2021-7-1 21:22 | |
|
|
As blockchain technology becomes more applicable to business and its uses continue to grow, investors are curious as to how the US will regulate crypto. Influential figures at the highest levels of the United States government are finally beginning to discuss cryptocurrencies, blockchain tech, digital assets, and how to regulate and tax those assets. On […]
2021-6-30 19:37 | |
|
|
John McAfee is no more. Per reports, the eccentric entrepreneur-turned-crypto-bull committed suicide in a prison cell in Brians 2 Penitentiary Centre in Barcelona, Spain. His death came shortly after the Spanish National Court approved his extradition to the United States to face trial for tax evasion.
2021-6-24 02:48 | |
|
|
The administration of US President Joe Biden proposed obligatory data collecting on foreign crypto investors operating in the United States in order to prevent tax evasion.
2021-6-8 00:15 | |
|
|
The United States Department of Treasury has published the “General Explanations of the Administration’s Fiscal Year” as President Joe Biden released his Budget for 2022. In its document, the Treasury claims that tax evasion using crypto assets is a “rapidly growing problem”.
2021-5-30 21:03 | |
|
|
The United States recently passed Tax Day. While always a daunting deadline for crypto traders, the recent changes in tax requirements for cryptocurrencies made it even harder. The post Crypto Tax USA — How the IRS, Exchanges and Services Work Together appeared first on BeInCrypto.
2021-5-19 19:03 | |
|
|
Last week saw global markets react to news of potential tax law amendments in the United States. The post Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility appeared first on CryptoSlate.
2021-4-28 22:00 | |
|
|
Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so.
2021-4-25 23:24 | |
|
|
NFTs volume is dropping after an initial bubble-like storm of interest and millions pouring into the emerging digital goods market. But it could be because crypto investors are realizing as they wrap up last year’s taxes – extended to May 17 in the United States – that buying such tokens with Ethereum results in a […]
2021-4-15 18:21 | |
|
|
U. S. citizens making money off the booming non-fungible token (NFT) market may be unaware of liable taxes from selling the NFTs. Beeple’s record-breaking $69. 3 million NFT sales could attract tens of millions in taxes.
2021-3-19 22:03 | |
|
|
The United States Internal Revenue Service (IRS) is looking to enforce cryptocurrency tax compliance with its recent initiative. “Operation Hidden Treasure” Is Not A Fun Game The IRS will be coming down hard on those who under-report their crypto gains in their tax forms, Forbes reports.
2021-3-10 18:47 | |
|
|
While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States' Library of Congress, this assessment published a thorough 124-page report this month.
2021-2-5 21:30 | |
|
|
A Ukrainian national has been sentenced to nine years in prison in what the IRS is describing as the United States’ “first Bitcoin case [with] a tax component.”
2020-11-11 03:52 | |
|
|
The Canadian Revenue Agency (CRA) is asking a judge to order Coinsquare, a Toronto-based crypto exchange, to submit information about all of its clients. Grade Eh Product Just like the IRS in the United States, the CRA is seeking details about clients from major crypto exchanges.
2020-11-9 01:00 | |
|
|
The United States tax authority doesn't seem to be very efficient when it comes to tracking down who owes crypto taxes — for now.
2020-10-31 00:30 | |
|
|
Popular Tech millionaire and cryptocurrency proponent John McAfee has been indicted in Spain. The popular cryptocurrency personality is set to face extradition to the United States on tax evasion charges and fraudulent activities.
2020-10-7 15:12 | |
|
|
Crypto tax evasion in the United States is about to become more difficult following the subtle change made by the Internal Revenue Service (IRS) to its form 1040. America’s tax body continues to push for greater cryptocurrency tax compliance despite lingering confusion over some of its guidelines.
2020-9-25 19:33 | |
|
|
Coinspeaker Exclusive: Sovos’ Wendy Walker Says Tax Havens Won’t Be Around for Too LongOnly last year, the IRS disclosed they had a meeting with four other states in an effort to partner to fight cross-border tax evasion stemming from digital currency users.
2020-8-29 14:43 | |
|
|
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm.
2020-7-4 02:45 | |
|
|
Crypto regulations in the United States may become clearer in the coming years as the country’s legislature is examining more than 30 bills related to the emerging digital economy. Focus on Crypto Regulation and Tax Laws According to a Forbes report, the U.
2020-4-29 17:00 | |
|
|
Cryptocurrency investors in the United States who scored wins in 2019 can delay filing and payment on their taxes for 90 days. The announcement came from the Trump administration, allowing taxpayers to delay payments up to $1 million individually.
2020-3-24 05:10 | |
|
|
The United States Internal Revenue Service (IRS) is inviting cryptocurrency stakeholders to a crypto tax summit in March. The move comes as the IRS has declared its intention to pursue robust virtual currency tax enforcement in 2020.
2020-2-19 16:00 | |
|
|
The United States tax agency has confirmed that currencies collected within video games are not subject to the same tax obligations as cryptocurrency assets. The IRS previously suggested to players of Fortnite and other popular games that their use of in-game currency may be deemed taxable events.
2020-2-15 23:56 | |
|
|
Crypto investors across the United States began receiving their 1099K tax documents from cryptocurrency exchange Coinbase this week. But what does the form actually mean for crypto investors, and what actions need to be taken, if any? Clarifying the 1099K Tax Form From Coinbase For Crypto Investors It’s tax season once again in the United... The post appeared first on NewsBTC.
2020-1-28 20:00 | |
|
|
Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers to be sure to disclose their details.
2020-1-27 11:00 | |
|
|
South Korea is today one of the foremost cryptocurrency markets in the world, a market perhaps superseded only by the likes of the United States and Japan. Home to over 200 crypto-exchanges, any develThe post South Korea may be pushing to tax cryptocurrency gains appeared first on AMBCrypto.
2019-12-9 12:00 | |
|
|
Tax law surrounding crypto assets is currently convoluted and confusing, even despite Congress demanding the IRS clarify the law, and the IRS taking steps to provide more clarity to crypto investors in the United States.
2019-11-14 22:00 | |
|
|
The Attorney General of the U. S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states.
2019-11-15 19:00 | |
|
|
The Attorney General of the U. S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states.
2019-11-14 19:00 | |
|
|
Many people in the U. S. and elsewhere think of the income tax as some kind of timeless staple of society. The truth is, it was only first instituted in the United States as a permanent fixture in 1913.
2019-11-12 11:00 | |
|
|
The United States’ Internal Revenue Service (IRS) says that a recent meeting with other global tax authorities has given it much deeper insight into how to track those using cryptocurrency to avoid paying taxes.
2019-11-10 08:34 | |
|
|
The US Internal Revenue Service (IRS) issued updated guidance for calculating taxes owed on cryptocurrency holdings yesterday. It’s the organizations first update in five years and it asks more questions than it answers.
2019-10-10 11:57 | |
|
|
The Swiss government shares info on 3. 1 million foreign Swiss bank accounts with 75 partner states. Handelszeitung, a German-language Swiss weekly newspaper, reported Monday that the financial surveillance comprises some 7,500 financial institutions in the country, including banks, trusts and insurance companies.
2019-10-8 20:00 | |
|
|
Back in November 2018, the state of Ohio in the United States had announced that it would accept cryptocurrencies for tax payments, making it the first U.S state to do so. Following Ohio’s example, Canada’s Richmond Hill and Innisfil followed suit, with the towns announcing the acceptance of cryptocurrencies as a payment option for property […] The post Ohio discontinues service allowing payment of taxes using Bitcoin appeared first on AMBCrypto.
2019-10-3 12:00 | |
|
|
Crypto-to-crypto trades will remain tax exempt, iterated French finance minister Bruno Le Maire. The stance stands in stark contrast to tax treatment for crypto-assets in the United States, marking a major boon for cryptocurrency traders domiciled in France.
2019-9-12 18:40 | |
|
|
Iran's National Tax Administration states that cryptocurrency miners will be eligible for a repatriation tax exemption, similar to non-oil exports
2019-9-12 02:00 | |
|
|
By now, most crypto investors know that the United States government has begun to crack down on the crypto industry, and has begun targeting those who have used Bitcoin and other crypto-assets for illicit crime.
2019-8-9 04:00 | |
|
|
The United States’ Internal Revenue Service is in the news again after a new method of its to keep a tab on those who evade tax on their cryptocurrency earnings came to the fore. According to a 181 slide presentation, James Daniels, IRS-CI’s cyber-crime program manager, laid out a plan of extracting information from taxpayers, […] The post IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings appeared first on AMBCrypto.
2019-7-10 02:30 | |
|
|
The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.
2019-7-9 17:17 | |
|
|
Tens of billions are spent every year on lottery in the United States alone, with almost no one winning. Some call it a stealth regressive tax on the poor. Others... The post A Lottery Where You Can Only Win Launches on Ethereum appeared first on Trustnodes.
2019-6-26 20:37 | |
|
|
By CCN Markets: Bitcoin millionaire John McAfee, who’s still running for U. S. president despite being a fugitive for tax evasion, has selected Havana, Cuba, as his campaign headquarters. John McAfee: ‘I Am Being Politically Persecuted’ McAfee made the revelation on Twitter, where he announced his “Campaign in Exile” under the banner of the Libertarian Party.
2019-6-24 00:15 | |
|
|
The U.S. IRS states that the agency “made it a priority” to issue relevant guidance on cryptocurrency taxation
2019-5-21 00:40 | |
|
|
By CCN: The trade war between the United States and China is on, and some of the country’s biggest retailers are starting to feel the burn. The latest victim of Trump’s tariffs is Walmart, which says customers can expect price increases on some of its stores’ most prominent items thanks to tax hikes on products imported from China.
2019-5-17 23:19 | |
|
|
By CCN: Bitcoin-bashing Democrat Congressman Brad Sherman is urging his colleagues to pass a law that would ban cryptocurrencies in the United States. “I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud.
2019-5-10 06:58 | |
|
|
By CCN: Yesterday, the New York Times unveiled President Donald Trump‘s long-sought-after tax figures, revealing that he had lost over $1 billion from 1985 to 1994. The self-proclaimed “self-made” real estate tycoon also paid a whopping zero dollars in taxes eight out of those ten years.
2019-5-8 17:53 | |
|
|
|
Аналог Notcoin - Blum - Играй и зарабатывай Монеты
|
Movement, Hyperliquid, and Bitget Token were the biggest winners in the past week. Dogwifhat, Gala, and Aptos were the biggest winners from the other end of the table. In this week’s cryptThe post Crypto market's weekly winners and losers – HYPE, BGB, WIF, APT appeared first on AMBCrypto.
Whales bought 340,000 ETH in the last 3 days worth more than $1 billion. ETH might have completed its correction as the Long Term Trend Directions is strongly bullish. Ethereum's ([ETH] whalThe post Ethereum whales purchase $1B worth of ETH: Market recovery ahead? appeared first on AMBCrypto.
Positioning for altcoins? These bearish signals call for caution. The altcoin season index slipped below 50%, marking a new monthly low. Altcoins are in massive discounts after the recenThe post Is the Altcoin party over? Bitcoin dominance threatens alt sector! appeared first on AMBCrypto.
Fantom’s price surge is supported by strong network growth and key resistance targets near $1.50. Technical indicators and market sentiment highlight cautious optimism for sustained upward moThe post Fantom breaks $1: Will FTM continue its bullish trend towards $1.50? appeared first on AMBCrypto.
On-chain metrics revealed that exchanges have experienced a substantial $22.85 million worth of ETC outflow. ETC long/short ratio indicating strong bullish sentiment among traders. ETC, the The post Why Ethereum Classic could be setting up for a 20% price jump appeared first on AMBCrypto.
Uniswap retested key resistance levels as bullish indicators pointed to a potential breakout Market sentiment has been aligning positively with reduced selling pressure and Open Interest UniThe post Uniswap [UNI] price prediction - Traders, expect THIS after altcoin's 14% hike! appeared first on AMBCrypto.
Ethereum accumulating address holdings have surged by 60% since August 2024 Volatility took charge of Ethereum's price action over the last 48 -72 hours Since hitting a recent high of $4,109The post Why Ethereum's road back to $3.