Crypto Tax

In his latest X posts, stockbroker, financial commentator, and economist Peter Schiff sparked an online debate about the tariffs imposed by the US government. He argues that tariffs on imported...

Indonesia has announced new tax regulations for Bitcoin and crypto transactions, effective from August 1, 2025. The adjustments aim to increase revenue and align with the growing role of cryptocurrencies...

Ritesh Pandey (former Member of Parliament in India) is once again advocating for Indian crypto users, pushing to cut the 30% crypto tax, remove the 1% TDS (Tax Deducted at...

Senator Cynthia Lummis of Wyoming has introduced comprehensive digital asset tax legislation aimed at creating practical rules for cryptocurrency users while generating $600 million in federal revenue over the next...

Japan has signaled a shift in its approach to cryptocurrency, with regulators putting a sweeping proposal on the table that would dramatically cut taxes on crypto gains and clear the...

The Ohio House of Representatives has passed a landmark “Bitcoin Rights” bill with significant bipartisan support, a move aimed at establishing the state as a premier destination for the cryptocurrency...

Brazil has eliminated its long-standing tax break on cryptocurrency profits, introducing a flat 17.5% capital gains tax on all digital asset transactions. The measure, enacted through Provisional Measure 1303, took...

U.S. Senator Cynthia Lummis is urging Congress to revise current tax policies affecting Bitcoin and other digital assets, warning that the existing framework imposes unfair burdens on miners, developers, and...

Australia is nearly ready to pass a tax on unrealized capital gains. If the proposal is approved, scheduled for July 1, it will apply to individuals with investments exceeding AUD...

Famous US pro-crypto Senator Cynthia Lummis, alongside her colleague Senator Bernie Moreno, has asked the US government to review its cryptocurrency tax regime.  In her latest proposal, made public on...

Ukraine’s National Securities and Stock Market Commission (NSSMC) has proposed taxing cryptocurrency transactions nationwide. Key details from the NSSMC’s submitted framework outline an 18% income tax and a 5% military...

A new draft Income Tax Bill presented by India’s Finance Minister Nirmala Sitharaman proposes sweeping powers for tax authorities to access citizens’ digital lives—including emails, social media communications, and financial...

White House AI and crypto czar David Sacks has rejected the idea of a crypto transaction tax. He voiced his opposition during a current appearance on Jason Calacanis’ All In...

India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, if needed, access individuals’ social media accounts and...

Japan’s Financial Services Agency (FSA) is considering lowering the tax rate on cryptocurrency gains. According to Colin Wu, the tax rate would be slashed from 55% to 20%, a move...

Renowned Bitcoin investor Lark Davis has downplayed the potential impact of China’s retaliatory move against the US by threatening to impose tariffs in a brewing trade war. In a recent...

India’s government is reassessing its position on cryptocurrency, possibly changing its regulatory framework in response to the shifting global stance toward digital assets. This review could impact the country’s crypto...

India’s cryptocurrency market has struggled under the weight of its harsh tax policies, raising concerns about the country’s position in the global digital economy. In 2022, the government imposed a...

Many FTX creditors face delays in receiving their funds as the cryptocurrency exchange continues with its complex Chapter 11 bankruptcy process. While progress has been made on the reorganization plan,...

INDODAX, Indonesia’s largest cryptocurrency exchange, has adjusted its Value Added Tax (VAT) rates. This change aligns with Indonesia’s updated tax policies, specifically PMK No. 131 of 2024 and PMK No....

Ripple CTO David Schwartz has weighed in on the growing debate over crypto staking and taxation following the U.S. Internal Revenue Service (IRS) ruling that staking rewards are taxable upon...

South Korea’s National Assembly will likely approve significant tax law changes during its plenary session on December 10. The proposed amendments include abolishing the financial investment income tax and also...

South Korea’s Democratic Party of Korea (DPK) is moving to abolish the capital gains tax on financial investments, with a decision expected during the National Assembly’s final regular session on...

South Korea’s proposed tax regime for crypto-related ventures met a bottleneck when the country’s National Assembly’s Strategy and Finance Committee failed to convene its plenary session. The legislators could not...

Hong Kong has publicized plans to widen its tax-exemption net to include hedge funds and high-net-worth individuals. In a recent proposal, the Hong Kong government said the new plan would...