btc
Bitcoin (BTC)
$96,075.00 0.67%
Bitcoin price
eth
Ethereum (ETH)
$2,701.95 0.97%
Ethereum price
bnb
BNB (BNB)
$653.96 0.39%
BNB price
sol
Solana (SOL)
$170.00 2.46%
Solana price
xrp
XRP (XRP)
$2.60 1.13%
XRP price
shib
Shiba Inu (SHIB)
$0.0000154 1.11%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000094 -0.31%
Pepe price
bonk
Bonk (BONK)
$0.0000157 1.72%
Bonk price
wif
dogwifhat (WIF)
$0.62 3.07%
dogwifhat price
popcat
Popcat (POPCAT)
$0.23 -3.19%
Popcat price
btc
Bitcoin (BTC)
$96,075.00 0.67%
Bitcoin price
eth
Ethereum (ETH)
$2,701.95 0.97%
Ethereum price
bnb
BNB (BNB)
$653.96 0.39%
BNB price
sol
Solana (SOL)
$170.00 2.46%
Solana price
xrp
XRP (XRP)
$2.60 1.13%
XRP price
shib
Shiba Inu (SHIB)
$0.0000154 1.11%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000094 -0.31%
Pepe price
bonk
Bonk (BONK)
$0.0000157 1.72%
Bonk price
wif
dogwifhat (WIF)
$0.62 3.07%
dogwifhat price
popcat
Popcat (POPCAT)
$0.23 -3.19%
Popcat price
btc
Bitcoin (BTC)
$96,075.00 0.67%
Bitcoin price
eth
Ethereum (ETH)
$2,701.95 0.97%
Ethereum price
bnb
BNB (BNB)
$653.96 0.39%
BNB price
sol
Solana (SOL)
$170.00 2.46%
Solana price
xrp
XRP (XRP)
$2.60 1.13%
XRP price
shib
Shiba Inu (SHIB)
$0.0000154 1.11%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000094 -0.31%
Pepe price
bonk
Bonk (BONK)
$0.0000157 1.72%
Bonk price
wif
dogwifhat (WIF)
$0.62 3.07%
dogwifhat price
popcat
Popcat (POPCAT)
$0.23 -3.19%
Popcat price

Crypto Tax News

Top Crypto Tax Stories

Latest Crypto Tax News

Nigeria moves to tax crypto transactions: report
News
Read more - Nigeria moves to tax crypto transactions: report

Nigeria moves to tax crypto transactions: report

Nigeria is preparing to tax cryptocurrency transactions as part of broader efforts to boost government revenue, according to the country’s Securities and Exchange Commission. A bill outlining the tax framework is under review and is expected to pass this quarter,…
Czech Republic passes crypto-friendly law, exempts Bitcoin from capital gains
News
Read more - Czech Republic passes crypto-friendly law, exempts Bitcoin from capital gains

Czech Republic passes crypto-friendly law, exempts Bitcoin from capital gains

The Czech Republic has passed legislation exempting Bitcoin and other digital assets from capital gains tax if held for more than three years.  President Petr Pavel signed the law, according to BTC Prague, aligning the country’s crypto taxation with traditional…
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South Korean city to launch its own crypto seizing system for tax evaders
News
Read more - South Korean city to launch its own crypto seizing system for tax evaders

South Korean city to launch its own crypto seizing system for tax evaders

A city in South Korea plans to launch its own virtual asset electronic seizing system next month to seize crypto assets belonging to tax evaders. According to South Korean media outlet Energy Kyungjae, the city of Gwacheon has announced that…
Trump, Mexico pause tariffs after border agreement; crypto positively reacts
News
Read more - Trump, Mexico pause tariffs after border agreement; crypto positively reacts

Trump, Mexico pause tariffs after border agreement; crypto positively reacts

President Donald Trump has decided to pause a proposed 25% tariffs on goods entering the United States from Mexico for one month following an agreement with Mexican President Claudia Sheinbaum.  The decision comes after Sheinbaum committed to deploying 10,000 National…
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Japan PM calls crypto ‘extremely important’ ahead of 2025 crypto tax review
News
Read more - Japan PM calls crypto ‘extremely important’ ahead of 2025 crypto tax review

Japan PM calls crypto ‘extremely important’ ahead of 2025 crypto tax review

Japan’s Prime Minister Shigeru Ishiba says the development of crypto assets and web3 is ‘extremely important’ for solving the nation’s problems. According to Japanese media outlet Iolite, Finance Minister Katsunobu Kato has vowed to finalize Japan’s crypto tax rate by…
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Ted Cruz to challenge IRS crypto rule: report
News
Read more - Ted Cruz to challenge IRS crypto rule: report

Ted Cruz to challenge IRS crypto rule: report

Senator Ted Cruz of Texas is preparing to challenge a newly finalized IRS cryptocurrency regulation using the Congressional Review Act The rule requires decentralized cryptocurrency exchanges to collect customer information, including names and addresses, and issue tax forms to users.…
Texas investor ordered to submit keys to $124m Bitcoin fortune
News
Read more - Texas investor ordered to submit keys to $124m Bitcoin fortune

Texas investor ordered to submit keys to $124m Bitcoin fortune

A Satoshi-era Bitcoin buyer must surrender crypto keys to his $124 million stash, a Texas court ruled following a landmark conviction last year.
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New crypto haven or US competitor: Russia approves crypto taxation
Feature
Read more - New crypto haven or US competitor: Russia approves crypto taxation

New crypto haven or US competitor: Russia approves crypto taxation

The Russian government has approved a bill regulating the taxation of crypto transactions. What will now change in the country’s tax base? The Russian government has passed a bill regulating cryptocurrency taxation. Prepared by the Ministry of Finance, the bill…
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DeFi proponents to fight US IRS tax code
News
Read more - DeFi proponents to fight US IRS tax code

DeFi proponents to fight US IRS tax code

The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets.
Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024
News
Read more - Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024

Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024

A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year’s crypto mining tax collection. According to a budget document released by the Kyrgyzstan Ministry of…
Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated
News
Read more - Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated

Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated

Hawala networks and crypto transactions have emerged as part of a complex money laundering plot that the income tax authorities in Jaipur have uncovered.
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Crypto taxes: What does regulation look like around the world?
Feature
Read more - Crypto taxes: What does regulation look like around the world?

Crypto taxes: What does regulation look like around the world?

Cryptocurrencies are becoming increasingly integrated into the modern financial reality, and like any other asset, they are subject to taxes. As a relatively new and rapidly growing asset class, cryptocurrencies attract increasing interest from investors and governments. As the global…
Russia to impose regional controls over crypto mining starting Jan 2025
News
Read more - Russia to impose regional controls over crypto mining starting Jan 2025

Russia to impose regional controls over crypto mining starting Jan 2025

Russia's Gov't has published a draft resolution on banning or providing restrictions on mining locally. The ban will take effect on Jan. 1, 2025, and run until Mar. 15, 2031.
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Hong Kong vows to finish crypto asset reporting framework by 2026
News
Read more - Hong Kong vows to finish crypto asset reporting framework by 2026

Hong Kong vows to finish crypto asset reporting framework by 2026

The Hong Kong government declared to the OECD Global Forum that its regulators plan to implement a crypto asset reporting framework to combat cross-border tax evasion. Regulators plan to complete the necessary legislative amendments before 2026. In the Organization for…
Ukraine to legalize crypto in early 2025 with no tax exemptions planned
News
Read more - Ukraine to legalize crypto in early 2025 with no tax exemptions planned

Ukraine to legalize crypto in early 2025 with no tax exemptions planned

Ukraine is moving closer to legalizing cryptocurrency, with a new bill expected to be finalized by the first quarter of 2025.  Danylo Hetmantsev, head of the Ukrainian Parliament’s Committee on Finance, Tax, and Customs Policy, confirmed that the draft law…
Czech Republic exempts three-year old Bitcoin from capital tax gains
News
Read more - Czech Republic exempts three-year old Bitcoin from capital tax gains

Czech Republic exempts three-year old Bitcoin from capital tax gains

The Czech Republic Parliament reportedly passed a law that would exempt Bitcoin held for more than three years from capital tax gains, placing it on the same level as stocks. According to a video by Braiins mining’s Chief of Propaganda,…
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South Korea to postpone Crypto Tax bill to 2027
News
Read more - South Korea to postpone Crypto Tax bill to 2027

South Korea to postpone Crypto Tax bill to 2027

South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2.5 million won to 50 million won. According to local media outlet Money Today,...
Digital asset investors embrace a bullish optimism | Opinion
Opinion
Read more - Digital asset investors embrace a bullish optimism | Opinion

Digital asset investors embrace a bullish optimism | Opinion

In the new days of Tulip Mania for Bitcoin, cryptocurrency investors will be subject to worldwide US taxation on their digital assets.
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Australia seeking advice on crypto taxation to OECD
News
Read more - Australia seeking advice on crypto taxation to OECD

Australia seeking advice on crypto taxation to OECD

Australia, with the world’s most significant number of crypto ATMs, seeks advice from an international organization on implementing crypto taxation. The Organization of Economic Cooperations and Development (OECD), which has invented taxation on digital assets framework, was asked by the...
South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption
News
Read more - South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption

South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption

The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025.
Japan PM vows to include tax cuts for crypto in stimulus package
News
Read more - Japan PM vows to include tax cuts for crypto in stimulus package

Japan PM vows to include tax cuts for crypto in stimulus package

Japan Prime Minister Shigeru Ishiba promises to include discussions of tax cut proposals from the opposition party in his economic stimulus package, involving tax cuts for gasoline and crypto assets. According to a Bloomberg report published on Nov. 20, Ishiba...
Italy lowers proposed crypto tax hike to 28%: report 
News
Read more - Italy lowers proposed crypto tax hike to 28%: report 

Italy lowers proposed crypto tax hike to 28%: report 

Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially...
Detroit to accept crypto payments for taxes and city fees
News
Read more - Detroit to accept crypto payments for taxes and city fees

Detroit to accept crypto payments for taxes and city fees

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments.  Starting mid-2025, residents can use crypto to make payments through a platform managed by PayPal, Detroit officials announced today. This initiative aligns with...
UAE and Switzerland lead as premier locations with no crypto tax, research finds
News
Read more - UAE and Switzerland lead as premier locations with no crypto tax, research finds

UAE and Switzerland lead as premier locations with no crypto tax, research finds

A recent research report by Coincub and Blockpit highlights how varying tax policies, from zero taxes in the UAE to high rates in the U.S., shape crypto investment strategies. The crypto taxation landscape varies widely across the globe, as revealed...
Hong Kong considers tax break on crypto investments and using AI for finance
News
Read more - Hong Kong considers tax break on crypto investments and using AI for finance

Hong Kong considers tax break on crypto investments and using AI for finance

Hong Kong regulators are considering an extension on tax breaks to include digital assets like crypto and the use of artificial intelligence-technology in finance sectors. According to an Oct. 28 Bloomberg report, Hong Kong’s Secretary for Financial Services and the...
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Japan’s Democratic Party leader vows crypto tax cut to 20% if elected
News
Read more - Japan’s Democratic Party leader vows crypto tax cut to 20% if elected

Japan’s Democratic Party leader vows crypto tax cut to 20% if elected

Japan’s Democratic Party for the People leader, Yuichiro Tamaki, promises to cut crypto tax to 20% along with a number of other crypto-related policies if the party gets elected. In an X post on Oct. 21, Japanese politician and Democratic...
Italy mulls raising Bitcoin capital gains tax above 40% as crypto gaining momentum: report
News
Read more - Italy mulls raising Bitcoin capital gains tax above 40% as crypto gaining momentum: report

Italy mulls raising Bitcoin capital gains tax above 40% as crypto gaining momentum: report

Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit. Bitcoin (BTC) holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the...
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Japan’s FSA to reclassify crypto in upcoming rule review: report
News
Read more - Japan’s FSA to reclassify crypto in upcoming rule review: report

Japan’s FSA to reclassify crypto in upcoming rule review: report

Japan’s Financial Services Agency is set to review its crypto regulations, potentially leading to lower taxes and allowing domestic funds to invest in tokens. Japan is preparing to review its cryptocurrency regulations, which could result in lower taxes and allow...
Turkey decides against taxing crypto profits this year
News
Read more - Turkey decides against taxing crypto profits this year

Turkey decides against taxing crypto profits this year

Vice President Cevdet Yilmaz confirmed that Turkey will not implement a tax on profits from crypto or stock trading this year. The government previously considered such a tax but has focused on reducing existing tax exemptions, according to Bloomberg reporting....
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Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs
News
Read more - Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs

Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs

Swan Bitcoin is partnering with Equity Trust Company to offer enhanced Bitcoin Individual Retirement Accounts. Clients can now seamlessly manage Bitcoin (BTC) within their retirement portfolios, with new account types such as Solo 401(k)s, Roth Solo 401(k)s, SEP IRAs, and...
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Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week
Feature
Read more - Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week

Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week

Recent rumors swirling on X accused presidential candidate Kamala Harris of endorsing President Biden’s 2025 proposal for a 25% tax that includes unrealized capital gains. What’s the truth behind the headlines and what caused the confusion? Earlier this week, on...
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Crypto tax evasion lands Ukrainian blogger in $5m trouble
News
Read more - Crypto tax evasion lands Ukrainian blogger in $5m trouble

Crypto tax evasion lands Ukrainian blogger in $5m trouble

Ukrainian financial detectives have charged a local blogger with $5 million in tax evasion through crypto transactions linked to online affiliate marketing. The Economic Security Bureau of Ukraine has charged a prominent local blogger with evading more than $5 million...