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Crypto Tax News

As governments refine regulations, crypto taxation remains a crucial topic for traders and investors. Crypto tax news provides updates on reporting requirements, tax loopholes, and compliance strategies. Understanding evolving tax laws can help users avoid penalties and optimize their crypto earnings legally.

Latest Crypto Tax News

Thailand’s 0% crypto tax raises stakes in global capital race
News
Read more - Thailand’s 0% crypto tax raises stakes in global capital race

Thailand’s 0% crypto tax raises stakes in global capital race

Thailand’s five-year crypto tax break exempts qualifying gains through 2029, but only when trades use locally licensed digital asset firms.
India updates tax reporting rules to include crypto assets and CBDCs - 4
News
Read more - India updates tax reporting rules to include crypto assets and CBDCs

India updates tax reporting rules to include crypto assets and CBDCs

India has expanded its global tax reporting framework to include specified crypto-assets, central bank digital currencies, and digital money products under updated FATCA and Common Reporting Standard rules. The Economic Times reported that the Central Board of Direct Taxes (CBDT)…
Nigeria sets 1% crypto tax withholding for exchanges
News
Read more - Nigeria sets 1% crypto tax withholding for exchanges

Nigeria sets 1% crypto tax withholding for exchanges

Nigeria’s crypto tax rules require exchanges and P2P platforms to withhold levies, report users and remit some payments in tokens.
South Korea crypto tax set at 22% from 2027 - 5
News
Read more - South Korea crypto tax set at 22% from 2027

South Korea crypto tax set at 22% from 2027

South Korea will begin taxing cryptocurrency gains at a combined rate of 22% from Jan. 1, 2027, ending expectations that the long-delayed measure could be postponed for a fourth time. South Korea confirms crypto tax launch Deputy Prime Minister and…
South Korea advances crypto bill as 22% tax nears
News
Read more - South Korea advances crypto bill as 22% tax nears

South Korea advances crypto bill as 22% tax nears

South Korea’s FSC plans a consolidated stablecoin and crypto bill, while opposition lawmakers seek to repeal the 22% tax due in 2027.
Crypto lobby sues Illinois, says blockchain tax violates Constitution - 6
News
Read more - Crypto lobby sues Illinois, says blockchain tax violates Constitution

Crypto lobby sues Illinois, says blockchain tax violates Constitution

The Digital Chamber has challenged Illinois’ new 0.2% digital asset transaction tax in court, arguing that the law unfairly targets blockchain-based commerce and violates constitutional protections. According to a complaint filed Tuesday in an Illinois circuit court, crypto trade association…
Bola Tinubu targets crypto loopholes with sweeping Nigeria order - 7
News
Read more - Bola Tinubu targets crypto loopholes with sweeping Nigeria order

Bola Tinubu targets crypto loopholes with sweeping Nigeria order

Nigeria’s President Bola Tinubu has signed an executive order targeting regulatory gaps in a crypto market that received about $59 billion in inflows between July 2023 and June 2024, according to the International Monetary Fund. Tinubu’s office said the order…
New Hampshire Bitcoin bond heads to $100M public hearing
News
Read more - New Hampshire Bitcoin bond heads to $100M public hearing

New Hampshire Bitcoin bond heads to $100M public hearing

New Hampshire weighs $100M Bitcoin-backed bonds as officials review approval, taxpayer safeguards, Moody’s rating, and BTC volatility risks
Bitcoin BTC Bitcoin
CFTC chair blasts Illinois over ‘punitive’ crypto tax
News
Read more - CFTC chair blasts Illinois over ‘punitive’ crypto tax

CFTC chair blasts Illinois over ‘punitive’ crypto tax

CFTC Chair Michael Selig criticized Illinois’ 0.2% crypto tax, saying it could hurt innovation as federal rule talks continue.
4 best crypto accounting software for June 2026 - 8
Best Picks
Read more - 4 best crypto accounting software for June 2026

4 best crypto accounting software for June 2026

The number of businesses operating with digital assets and crypto payments just keeps growing. These days, using traditional accounting software with crypto integrations is considered one of the easiest ways to track and reconcile transactions, whether it’s for corporate tax…
Crypto lobby fights five-year cap in staking and mining tax bill
News
Read more - Crypto lobby fights five-year cap in staking and mining tax bill

Crypto lobby fights five-year cap in staking and mining tax bill

Crypto lobby groups urged Congress to pass H.R. 9175 unchanged as banks warned the staking and mining tax bill favors crypto yield taxation.
Michael Saylor blasts Illinois crypto tax as "Big Mistake" - 9
News
Read more - Michael Saylor blasts Illinois crypto tax as “Big Mistake”

Michael Saylor blasts Illinois crypto tax as “Big Mistake”

Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. In a June 17 X post, Saylor…
Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally
Feature
Read more - Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

Japan's lower house moved to reclassify crypto and cut tax from 55% to 20%. What it actually did, what it did not, and why the change matters beyond Japan.
Illinois becomes first state to tax crypto transactions this way
News
Read more - Illinois becomes first state to tax crypto transactions this way

Illinois becomes first state to tax crypto transactions this way

Gov. JB Pritzker signs 0.2% digital asset tax into Illinois’ $55.9B budget, drawing industry warnings over users, brokers, and remote firms.
India issues over 44,000 crypto VDA tax notices, finds $104M in hidden income
News
Read more - India issues over 44,000 crypto VDA tax notices, finds $104M in hidden income

India issues over 44,000 crypto VDA tax notices, finds $104M in hidden income

India issued 44,000 VDA tax notices and found $104M in hidden crypto income as stricter reporting rules tighten investor filings.
Coinbase urges Congress to scrap taxes on stablecoin spending - 10
News
Read more - Coinbase urges Congress to scrap taxes on stablecoin spending

Coinbase urges Congress to scrap taxes on stablecoin spending

Coinbase has urged U.S. lawmakers to remove capital gains tax requirements on stablecoin payments and exempt small crypto transactions from burdensome reporting rules. According to testimony delivered by Coinbase vice president of tax Lawrence Zlatkin before the House Ways and…