Crypto Tax
Japan Considers Slashing Crypto Tax from 55% to 20% to Boost Investment
Japan’s FSA is discussing a crypto tax reduction from 55% to 20%. Bitcoin ETFs may be approved, aligning Japan with global markets. Regulators are also…
UAE Investors Watch as China Imposes Tariffs on the US – What’s Next?
Lark Davis has downplayed the potential impact of China’s retaliation against the US. China’s imports from the US are relatively insignificant. Investors are paying attention…
High Taxes, Yet India Might Be Changing Its Tune on Crypto
India reviews crypto policies due to the global shift toward digital asset acceptance. Despite high taxes, India leads global crypto adoption, ranking #1 in 2024.…
India’s Crypto Tax Crackdown vs. China’s Innovation Push—Is India Falling Behind?
The Indian cryptocurrency market has suffered a significant setback. Crypto users are wary of India’s 1% TDS on crypto transactions. China’s more friendly approach edges…
FTX Distribution Delays: Key Updates on Restricted Country Payouts
FTX creditors in certain countries, including Egypt and Russia, can't receive payouts yet. The first round of FTX payouts is expected in March 2025, with…
Indonesia’s Crypto Market Adapts as INDODAX Adjusts VAT Rates
INDODAX adjusts VAT rates for crypto transactions to comply with Indonesia's new tax rules. CEO Darmawan supports VAT changes but urges crypto to be VAT-exempt…
Ripple CTO Differentiates Crypto Staking from Traditional Income Amid IRS Tax Ruling
The IRS confirms staking rewards are taxable upon receipt, sparking debate within the crypto industry. David Schwartz asserts that crypto staking involves creating new assets,…
Crypto Tax Delayed as South Korea Pushes Pro-Investment Reforms
Tax Reforms to Boost Market Growth and Delay Crypto Taxation in South Korea Budget Challenges and K-Chips Act Highlight Fiscal Priorities in Tax Revisions Bipartisan…
South Korea’s Financial Overhaul Includes Ending Capital Gains Tax
South Korea to address the abolition of capital gains tax on Dec. 10. The Financial Supervisory Service backs policies for capital market growth. DPK prioritizes…
South Korea’s Crypto Tax Reform Stalls as Parties Debate Timelines
South Korea’s proposed tax regime for crypto-related ventures met a bottleneck. The ruling party and the opposition disagree on 11 non-contentious tax bills. South Korea…
