Crypto Tax
UK Crypto Community at Risk as Potential Capital Gains Tax Hike Looms
Crypto holders in the UK may face increased tax rates. UK capital gains tax on crypto mirrors stock taxation rates. Cryptocurrency holders can't use ISAs…
Denmark to Become First Country to Tax Unrealized Crypto Gains
Denmark to introduce a 42% tax on unused crypto gains, starting as early as 2026. The Danish tax will apply additionally to all crypto assets…
Crypto Tax Comparison: Japan vs. United States
Japan taxes cryptocurrency as income with rates up to 55%, including an inhabitant tax. The US taxes crypto as property, applying capital gains rates based…
Japan Could Ease Crypto Taxes and Allow Token ETFs
Japan's FSA is reviewing crypto regulations to assess investor protection. The review may reduce crypto tax rates from 55% to 20%. The initiative responds to…
Crypto Now Safer in South Korea Thanks to This New Foundation
South Korea's FSC approves foundation to safeguard users' assets from failed crypto exchanges. The new foundation will manage deposits via banks and return crypto from…
Interest Rate Cut vs. Inflation: The Fed’s Dilemma and Crypto’s Future
The FOMC will meet between September 17 and 18. The Fed will probably cut interest rates during September’s FOMC meeting. CME FedWatch projects a 69%…
Unrealized Gains Tax: How Harris’s Plan Could Hit Crypto Wallets
Kamala Harris and Joe Biden plan to tax unrealized gains. The proposal believes that the tax would benefit the US economy. CNBC hosts believe that…
Nigeria Crypto Tax: New Regulations Coming in 2024
The FIRS of Nigeria seeks support from the National Assembly to launch a new crypto regulatory bill. The proposed bill intends to bring enhancements to…
Mastering Crypto Taxes: A U.S. Taxpayer’s In-Depth Guide
Cryptocurrencies have gained increasing acceptance and use across the world. Their decentralized nature and “enclosed” ecosystem initially made it difficult to integrate crypto transactions into…
From Tax Breaks to B2GC: How Thailand is Becoming a Crypto Hub
A crypto revolution is underway in Thailand, bolstered by the country’s strategic location in Southeast Asia, which makes it an appealing destination for crypto companies…
