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Russia Looking At $13 Billion In Tax Collections If Crypto Bill Is Approved

Russia is making a headway in finalizing its crypto bill, with the Ministry of Finance seeking the assistance of the public in improving the regulation of digital assets by middle of next month. A prior notice the ministry calls “On Digital Currency,” will expound on a public consultation to:  1 – Set regulatory rules for […] дальше »

2022-2-20 09:02


UK Law Enforcement Agency Seizes almost $2M worth of NFTs

NFTs have come a long way since they first emerged in 2014, and a negative first; a UK law enforcement agency becomes the first UK law enforcement outfit to confiscate NFTs. NFTs and Tax Evasion One of the widely used arguments by crypto and NFT naysayers is that digital assets can be used to launder […] The post UK Law Enforcement Agency Seizes almost $2M worth of NFTs appeared first on NFT News Today. дальше »

2022-2-18 10:50


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Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction

The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to encourage more mining investment within the region by mapping out strategic […] дальше »

2022-2-17 12:26


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Breaking: US State Colorado Will Accept Bitcoin For Tax Payments Starting This Summer

Colorado Governor Jared Schutz Polis has just announced that his state will begin accepting Bitcoin for tax payments starting this summer. Speaking to CNBC on Wednesday, the state’s Governor Jared Schutz Polis confirmed that his administration was fast-tracking a plan to roll out a framework that will see Colorado residents start to pay their taxes […] дальше »

2022-2-17 17:12


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Kazakhstan Authorities Propose 400% Increase In Tax On Crypto Miners

Kazakhstan’s Head of State Kassym-Jomart Tokayev has ordered an increase in taxes on electricity used by Bitcoin miners in the country, according to a local news outlet Kazinform. Speaking during an expanded meeting of the government, the president stated that his government would embark on identifying all mining farms, checking their tax status, carefully studying […] дальше »

2022-2-9 23:32


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Coinbase teams up with Turbo Tax to offer tax refunds in BTC

Leading American crypto exchange Coinbase has inked a deal with Turbo Tax to enable crypto adopters to get tax refunds in Bitcoin (BTC/USD) and over 100 other cryptocurrencies. A report unveiled this news on February 3, noting that this initiative seeks to lighten the load for crypto holders as the Internal Revenue Service (IRS) becomes […] The post Coinbase teams up with Turbo Tax to offer tax refunds in BTC appeared first on Invezz. дальше »

2022-2-6 23:23