The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be ...
The world's crypto mining tax has strongly declined, with countries known to receive budget boosts, such as Kyrgyzstan, left ...
Crypto mining tax revenue fell by over 50% for Kyrgyzstan, netting just over $535,000 for the country's budget.
"In a bull market, scammers lean into human greed, promising high returns and exploiting the fear of missing out. In a bear ...
Mayor Ken Sim recently put a motion forward, which council approved, suggesting staff research whether Vancouver could become ...
Now, she's attracted a fortune. A fortnight ago, the so-called Hawk Tuah Girl launched a meme coin, a type of crypto currency that doesn't even pretend to do anything useful. Within hours of the ...
The proposed law would allow Texas to begin building a bitcoin reserve by allowing fees, contributions and taxes to be paid using cryptocurrency. The reserve would be held for a minimum of five years.
This case is the first criminal prosecution in the U.S. solely focused on cryptocurrency tax evasion. Ahlgren must pay $1,095,031 in restitution and serve one year of supervised release after his ...
Ahlgren employed sophisticated methods to conceal his activities, including wallet transfers, crypto mixers, and in-person cash transactions. His 2017 tax returns also reportedly contained false ...
A bitcoin investor who went to increasingly great lengths to hide $1 million in cryptocurrency gains on his tax returns was sentenced to two years in prison on Thursday. It seems that not even his ...
Hetmantsev noted that there will be no tax exemptions for cryptocurrency. Taxation will follow the model used for securities, with profits taxed when assets are converted into currency. Quote: "In ...
This week, Italy announced plans to reduce capital gains taxes on cryptocurrency in the upcoming 2025 budget, which will be finalized later this month, according to Reuters. A previous proposal ...