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Why This New Act of Congress Could Drive Crypto Adoption
The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the ...
Tag: tax
Wealth and Tax Advisor Says IRS May Be Targeting Crypto Traders, Not Investors
By now, most crypto investors know that the United States government has begun to crack down on the crypto industry, ...
Bitcoin (BTC) Reject Lower Prices, IRS To Clarify On Basic Tax Issues
BTC bulls absorbing sell shocks IRS to clarify emerging concerns in their next update probably in Q3 2019 The IRS ...
UK Member of Parliament: MPs Have a Duty to Understand Crypto
A member of UK parliament and self-confessed cryptocurrency enthusiast has spoken in favour of the fintech innovation. Eddie Hughes, MP, ...
Australian Taxpayers Have Paid $1 Million to Scammers Through Bitcoin ATMs Since July
The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying ...
Thailand Government to Use Blockchain to Tackle Tax Avoidance
The government of Thailand has announced plans to adopt distributed ledger technology to fight tax avoidance. Director-general Ekniti Nitithanprapas said ...
Japan’s Tax Committee Looks to Simplify Cryptocurrency Gains Reporting
Japan's Tax Investigation Committee, an advisory body of the government, is looking to simplify its tax filling system as confusion ...
Confusion Over Bitcoin Taxation Leads to Poor Reporting of Gains and Losses
With Bitcoin and other cryptocurrencies making huge sums of money for those adept at timing the market, the U.S. Internal ...
Lawmakers Ask IRS For Clarity on Crypto Tax Reports, Better Regulating Industry
Lawmakers from the United States House of Representatives have issued an open letter to the Internal Revenue Service (IRS), requesting ...
Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins
Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will ...
