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Bulgarian National Revenue Agency (NRA) Launches Investigation into Crypto-Offering Firms
In the last few years, more and more countries are paying more attention to Cryptocurrency and blockchain companies with regards to tax law enforcement. France and Spain began looking into individual crypto tax payment and it seems that Bulgaria is looking into crypto companies to ensure tax law compliance. The Bulgarian National Revenue Agency (NRA) […] дальше »
2019-1-14 20:53 | |
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South Korean government gives tax break to blockchain trailblazers
The South Korean government is giving the blockchain industry a tax break in a bid to help foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that blockchain will be included in its amendments to 2018 tax law, which sees companies receive benefits for innovating with certain technologies, reports The News Asia. дальше »
2019-1-10 17:26 | |
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Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments
As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U. дальше »
2019-1-3 20:53 | |
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UK Tax Agency Releases Guide For Crypto Investors
The agency’s extensive report outlines what individuals must document on their taxes, with future reports set to handle cryptoasset transactions involving businesses and companies.
дальше »2018-12-20 23:32 | |
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Op Ed: Bitcoin Is a Declaration of Our Monetary Independence
Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange — as immortalized in the Netflix documentary “Banking on Bitcoin. дальше »
2018-12-15 21:43 | |
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UK MP Wants to To Introduce Bitcoin Tax Payments
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. дальше »
2018-12-12 01:00 | |
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Ohio Technology Funds Announce $100M Support for Blockchain Startups
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups. дальше »
2018-12-3 19:32 | |
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Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering
Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. дальше »
2018-11-30 16:35 | |
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Swedish Data Centers Become Very Attractive Options for Cryptocurrency Miners
The Norwegian Government recently multiplied the electricity tax rate for data centers extracting cryptocurrencies as they believe that the cryptocurrency industry generates very little value and jobs for the nation. дальше »
2018-11-29 16:00 | |
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Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike
With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden. дальше »
2018-11-27 11:15 | |
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Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC for Taxes
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. дальше »
2018-11-26 10:00 | |
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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners
Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt. дальше »
2018-11-24 15:00 | |
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Poles to Pay 19% Tax on Income From Cryptocurrency Transactions
The government of Poland recently submitted amended income tax regulations for approval by President Andrzej Duda. The updated framework, which includes provisions referring to cryptocurrencies, is expected to enter into force on Jan. дальше »
2018-11-16 13:40 | |
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Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U. S. miner NGDC, appears to have suddenly fled from the area, leaving $1. дальше »
2018-11-16 00:35 | |
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Latin America joins EU in considering a new digital tax
Mexico and Chile are among a host of countries that may follow the European Union’s lead in playing hardball on taxes with big tech companies like Facebook, Alphabet, AirBnB, and Uber. In March, the EU proposed a “digital tax” that would affect the revenue of major digital companies like Facebook and Google. дальше »
2018-11-8 15:05 | |
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Colorado and California Just Elected Pro-Bitcoin Governors
Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. дальше »
2018-11-7 20:44 | |
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Japan: Stablecoins are not cryptocurrencies
The Japanese Financial Services Agency revealed exclusively to Bitcoin News today that, under current law, stablecoins are not cryptocurrencies. Currently there are two pieces of legislation that cryptocurrency companies must satisfy in Japan. дальше »
2018-10-29 15:08 | |
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Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine
A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029. дальше »
2018-10-24 03:15 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
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. дальше »
2018-10-24 19:38 | |
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EY study: Initial Coin Offerings (ICOs) The Class of 2017 – one year later
In December 2017, Ernst & Young a global leader in assurance, tax, transaction and advisory services, analyzed the top ICOs that represented 87% ICO funding in 2017. In this study, the firm revisit the same group of companies to analyze the progress and investment return on their ICOs. дальше »
2018-10-25 03:00 | |
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Vestigo Ventures leads $1.5 million round for crypto tax software ZenLedger
Vestigo Ventures, an early-stage venture capital firm focused on investments in fintech companies, announced today that it led a $1. 5 million financing round for ZenLedger, a provider of software for cryptocurrency investors and their accountants. дальше »
2018-9-17 14:41 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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Blockpit Crypto Tax Startup Joins 500 Startups’ Blockchain Accelerator Program
Blockpit Falls In 500 Startups Race’ First Blockchain Accelerator Blockpit has made it in 500 start-ups into the first blockchain program of US accelerator. Only six companies made it into the first blockchain program of US accelerator 500 start-ups, including the Linzer Startup Blockpit. дальше »
2018-8-13 20:07 | |
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Blockchain Startup, Libra, Earns $15 Million in Series B Funding
New York-based blockchain startup, Libra, has raised $15 million from its recently concluded Series B funding round. The firm aims to provide full spectrum audit, tax, and fund administration services to cryptocurrency companies. дальше »
2018-8-9 11:03 | |
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Blockpit joins 500 Startups’ first blockchain accelerator
Among just six companies, the Austrian company has been accepted into the world’s leading accelerator 500 Startups as part of their first ever blockchain batch. Blockpit provides automated cryptocurrency tax reporting and seamless portfolio monitoring. дальше »
2018-8-9 05:17 | |
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Press Release: Blockpit Joins 500 Startups’ First Blockchain Accelerator
Among just six companies, the Austrian company has been accepted into the world’s leading accelerator 500 Startups as part of their first ever blockchain batch. Blockpit provides automated cryptocurrency tax. дальше »
2018-8-7 14:46 | |
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AxiomLevel Targets Institutional Investors With Investor Onboarding Platform
The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact. дальше »
2018-8-6 18:55 | |
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Increasing Number of Nations Are Competing to Be the Most Bitcoin-Friendly
Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals. дальше »
2018-8-2 06:00 | |
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The Korean government is paying taxes
Cryptocurrency exchanges in South Korea may soon lose eligibility for significant tax benefits currently granted to smaller companies. A proposed revision to the existing tax law, announced by the South Korean government on Monday, would exclude crypto exchanges from the category of startups or small and medium enterprises (SMEs) that can claim a tax cut дальше »
2018-7-30 16:02 | |
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Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups. дальше »
2018-7-30 12:00 | |
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Malta Tells Crypto Companies To Step On The Brakes
As nations around the globe roll out crypto regulations and tax schemes blockchain startups eagerly eye the next crypto-friendly destination. Malta has modeled itself as exactly that and firms have been flocking there in droves. дальше »
2018-7-21 13:32 | |
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Coinsmart Crypto Exchange Launches For Canadian Tax Payers Compliance
Canadian Tax Payers Getting Some Attention A Canadian start-up company, named Coinsmart, is a platform designed to help Canadian tax payers become (more) compliant in reporting in relation to cryptocurrency. дальше »
2018-7-18 20:20 | |
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South Korea Plans Tax Perks for Blockchain Startups
South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth. дальше »
2018-7-18 16:00 | |
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Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers
With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. дальше »
2018-7-18 10:15 | |
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Tax agency in Japan states that Crypto residents earning $1,800 annually will declare tax
News The Japanese NTA (Tax Agency) has announced a new strategic policy put in place by July 15th to promote and improve the environment for people and companies to spontaneously declare their virtual currency income tax returns. дальше »
2018-7-16 19:52 | |
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Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare Tax
The Japanese NTA (Tax Agency) has announced a new strategic policy put in place by July 15th to promote and improve the environment for people and companies to spontaneously declare their virtual currency income tax returns. дальше »
2018-7-16 17:55 | |
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Introducing The Real Mr Crypto
Everyone wants to be Mr Crypto, just look at the crypto celebrity scene, it’s full of self proclaimed experts and cryptocurrency figureheads. According to the Jersey Evening Post however, we have a new Mr Crypto. дальше »
2018-7-16 12:30 | |
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TaxToken: Smart, Compliant Cryptocurrency Accounting Insights?
What Is TaxToken? TaxToken is one of the world’s first companies to implement blockchain technology and Artificial Intelligence in personal accounting. The platform aims at offering its users with an automated, efficient, and secure tax preparation process in the daily transactions. дальше »
2018-7-15 13:57 | |
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Israel Tax Authority Convinces Local Exchange to Report Big Traders
Tax agencies around the world keep applying pressure on bitcoin and crypto companies to make their operations transparent to them. The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority. дальше »
2018-7-4 18:48 | |
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SharesPost Report Estimates Blockchain Opportunity Exceeding $2.5 Trillion By 2028
Following news that the Swiss Bankers Association (SBA) has created a working group dedicated to helping local blockchain companies open bank accounts, we thought readers might be interested in comments from Gianluca Giancola, Co-founder of Zug-based blockchain-powered loyalty ecosystem qiibee. дальше »
2018-6-29 20:18 | |
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