2025-12-21 16:00 |
U.S. lawmakers amend crypto tax rules in order to ease taxes on small stablecoin payments while offering staking and mining relief to boost adoption. origin »
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Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. Related Reading: Bitcoin’s Quantum Debate Heats Up As Adam Back Challenges Nic Carter According to reports, the plan was circulated by Representatives Max Miller […]
2025-12-22 02:00 | |
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French lawmakers have approved a controversial plan to tax cryptocurrency holdings as "unproductive wealth," grouping digital assets alongside luxury items like yachts and expensive art.
2025-11-4 01:23 | |
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Michigan proposes crypto investments for state retirement funds via exchange-traded products. New bills promote Bitcoin mining, tax breaks, and ban support for a federal CBDC. Michigan is stThe post Michigan lawmakers push new crypto bills covering BTC mining, CBDCs, and retirement funds appeared first on AMBCrypto.
2025-5-24 09:30 | |
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Four new cryptocurrency-related bills were introduced in the Michigan legislature this week, covering public pension investments in crypto, mining, income tax exemptions, and restrictions on CBDC support.
2025-5-24 11:17 | |
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Michigan’s HB 4510 allows pension funds to invest in crypto ETFs. HB 4512 enables Bitcoin mining at abandoned oil or gas wells. HB 4513 offers income tax breaks to miners in remediation schemes.
2025-5-22 15:58 | |
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U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits. The S&P 500, coming off a…
2025-5-20 23:29 | |
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Missouri lawmakers have passed a sweeping tax bill that exempts capital gains from state income tax and sent it to Gov. Mike Kehoe for signature. The measure, a top priority for House Republicans, passed the House Wednesday with only GOP…
2025-5-8 18:22 | |
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North Carolina lawmakers have proposed a bill that would allow citizens to use crypto assets to carry out economic transactions, including tax payments. In a bill filing sponsored by State Representative Neal Jackson, House Bill 920 aims to allow the…
2025-4-11 14:07 | |
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.
2025-3-30 13:19 | |
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Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation.
2025-3-1 08:30 | |
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Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector.
2025-3-1 23:19 | |
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A controversial tax rule proposed by the U. S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it.
2025-2-28 11:11 | |
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Lawmakers have taken a step toward overturning a tax rule that mandates “custodial brokers” to gather and report user data to the IRS. The measure, which has sparked debate over its potential impact on financial institutions and taxpayers, now awaits a vote in the full House of Representatives. On Wednesday, the US House Ways and […]
2025-2-27 23:24 | |
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As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets.
2024-12-13 06:00 | |
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The tax increase will be significantly reduced during parliamentary work, lawmakers said.
2024-12-11 13:29 | |
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Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto.
2024-12-11 22:24 | |
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French lawmakers are debating a tax on unrealized capital gains for cryptocurrencies, potentially altering how assets like Bitcoin are taxed. The proposal would categorize cryptocurrencies like Bitcoin (BTC) as “non-productive property,” alongside dormant real estate and luxury items such as…
2024-12-4 20:10 | |
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Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.
2024-9-11 06:59 | |
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The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation.
2024-8-20 19:41 | |
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South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative sentiments around the crypto industry as the reason for the extension.
2024-7-16 16:00 | |
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Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
2024-5-2 12:09 | |
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Crypto tax: Lawmakers in this European country propose a 28% tax on profits earned from short-term crypto assets and a 4% tax on airdrops. The post Crypto Tax: This Country’s Tax Rate Has Just Gone Through the Roof appeared first on BeInCrypto.
2022-10-11 01:28 | |
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A bipartisan group of U.S. lawmakers want to ensure that the definition of a crypto "broker" for tax reporting purposes does not capture parties that cannot report crypto transactions for tax purposes.
2022-8-4 20:42 | |
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According to reports, cryptocurrency lobbying organizations in Japan plan to push lawmakers to lower the tax rates on the local digital asset sector. As a result, professionals in the field are more lThe post Japanese lobbying groups wants tax cuts to maintain crypto-talent appeared first on AMBCrypto.
2022-7-28 18:30 | |
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Lawmakers in Russia have approved a draft law potentially removing value-added tax from the issuance of digital assets and cryptocurrencies. The post Russian Lawmakers Approve Draft Law Amending Crypto Taxes appeared first on BeInCrypto.
2022-6-29 21:45 | |
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For most lawmakers, the crypto markets are uncharted territories, and as such, it is not surprising that they often choose to err on the side of caution. Consequently, the journey to comprehensive crypto regulation has been a bumpy ride.
2022-5-14 22:23 | |
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Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection.
2022-4-22 10:42 | |
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Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the United States Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma.
2022-4-5 22:00 | |
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The European Parliament also wants to curb payments to tax havens and check people’s identity even for payments between unhosted wallets, internal papers reveal.
2022-3-26 21:32 | |
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Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1.
2022-3-26 20:00 | |
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India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000.
2022-3-17 01:31 | |
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The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv.
2022-2-19 01:30 | |
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As per local media reports, one of the leading Russian lawmakers has proposed a minimum 15% tax on crypto miners. The post Russian lawmaker proposes 15% tax on crypto miners appeared first on CryptoSlate.
2022-2-7 16:30 | |
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South Korean National Assembly Strategy and Finance Committee approved an amendment to delay to 2023 the taxation that imposes an annual 20% capital gains tax for crypto trading with over 2.5 million Won (US$2,125) in earnings, just after the same taxation had been rushed to happen in 2022 as the lawmakers said postponing it would […]
2021-12-4 02:58 | |
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The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest.
2021-11-30 04:36 | |
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The latest proposal from a group of House Democrats seeks to change how updates to the tax code affect crypto entities “who do not engage in brokerage services.”
2021-11-18 06:08 | |
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South Korean lawmakers from the opposition People Power Party (PPP) are formulating a bill aimed at postponing the January 1, 2022 implementation of the 20-25 percent crypto tax law in the nation to 2023.
2021-10-12 23:00 | |
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Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.
2021-10-11 12:31 | |
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If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.
2021-9-14 00:36 | |
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Recognition for crypto mining will also allow the government to formally tax miners, a… The post Russian lawmakers want crypto mining recognised under entrepreneurship law appeared first on Coin Journal.
2021-9-9 15:12 | |
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The U. S Internal Revenue Service (IRS) is bent on taking steps to crack down on cryptocurrency markets and transactions as it called out lawmakers to address tax evasion. IRS Wants $32M in Funding To Pursue Tax Evasion The IRS also requires funding to the tune of $32 million to pursue cryptocurrency tax evasion.
2021-6-9 23:11 | |
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Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022.
2021-5-11 19:16 | |
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Senator Rob Portman said lawmakers were "still pulling in information" on crypto to formulate the bill, implying he announced it to the public prematurely.
2021-4-21 00:15 | |
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Lawmakers in the U. S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes. Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar.
2021-3-4 12:00 | |
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Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state.
2021-3-5 21:01 | |
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Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.
2021-3-4 15:38 | |
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The bill, aimed to encourage the crypto mining industry in the state, now goes to the upper house for review.
2021-8-24 13:54 | |
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Russia’s State Duma Committee has begun preparing new legislation for cryptocurrencies. According to an official announcement made earlier today, the country’s lawmakers noted the introduction of The post Russia introduces draft law to tax cryptocurrency as property appeared first on AMBCrypto.
2021-2-16 18:30 | |
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The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […]
2021-1-9 13:15 | |
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WhiteBIT, the largest European cryptocurrency exchange by traffic, has obtained a broker license from the National Bank of Georgia (NBG) through its local entity, WhiteBIT Broker. With this authorisation, the company will introduce crypto derivatives trading, including perpetual futures, in the Georgian market.
The cryptocurrency market has been bullish over the past few hours, with Sui (SUI) and Avalanche (AVAX) leading the way. The two coins are up by nearly 10% over the past 24 hours, making them one of the best performers among the top performers in the market.
A ceasefire lifted Bitcoin back above $72,000, but resistance and ETF outflows still cloud the outlook.
The cryptocurrency market has been bearish over the past 24 hours, with Bitcoin and Ether currently in the red. Bitcoin hit the $70,000 mark on Monday but is now down 1. 4% and is trading around $68,400.
The price of Chainlink has pulled back below the $9 mark, prompting some traders to wonder whether this signals a larger downturn. However, a closer look at the technical setup suggests that this move may be just a short-term pullback rather than a shift in the overall trend.
The cryptocurrency market opened the new week candle bullish, with Bitcoin and Ether all racing to new monthly highs. Bitcoin, the leading cryptocurrency by market cap, touched the $70,000 level for the first time in nearly two weeks, while Ether approached the $2,200 psychological zone.
Bitcoin struggles below $70K as US Iran talks remain uncertain, but there's a chance a rally could happen.