South Korea Weighs Low-Level Cryptocurrency Trading Tax Before Implementing Transfer Tax
South Korea’s tax experts recommend a low-level trading tax on cryptocurrency profits before implementing a transfer tax, paving the way for better regulation.
IRS Clarifies Virtual Currency Definitions: Game Currencies No Longer Included
The IRS clarifies that game currencies like V-Bucks and Robux are not virtual currencies, impacting tax filing requirements.
Key Congressional Players Shaping the Future of Cryptocurrency Regulation
Explore pivotal Congressional figures shaping cryptocurrency regulation and welcome or wary approaches toward blockchain innovation.
Understanding HMRC’s Cryptocurrency Tax Guidelines: A Deep Dive
Explore HMRC’s new cryptocurrency tax guidelines for individuals and businesses, covering capital gains tax, mining, and more.
Azerbaijan’s Push Towards a Blockchain-Based Digital Identity System
Azerbaijan is set to launch a blockchain-based digital identification system in early 2020, enhancing banking security and open banking practices.
Navigating the IRS Guidance on Cryptocurrency: Tax Responsibilities Made Clear
Discover the latest IRS guidelines on cryptocurrency, including airdrops and tax responsibilities, to ensure you stay compliant.
IFRIC Declares Cryptocurrencies Intangible Assets: What You Need to Know
IFRIC has ruled cryptocurrencies as intangible assets, impacting legal recognition and tax frameworks. Discover the implications for businesses and governments.
Japan’s Bold Move to Tackle Cryptocurrency Tax Evasion
Japan’s government is introducing measures to curb tax evasion from cryptocurrency profits, enhancing data collection from exchanges.
Revamping Crypto Tax Guidelines: What You Need to Know
Explore the evolving landscape of crypto taxation as the IRS seeks to clarify guidelines amid growing concerns of unreported tax liabilities.
Switzerland Leads Europe in Blockchain Business Opportunities
Discover why Switzerland ranks number one for blockchain startups, followed by Gibraltar and Malta, as new EU regulations loom.