Cryptocurrencies | Image:Unsplash Crypto regulations in Australia: Australia’s tax authorities are intensifying efforts to ensure compliance among cryptocurrency users by requesting personal data and transaction details from crypto exchanges. The Australian Taxation... Read more »
Roger Ver, an early crypto investor who was sometimes referred to as Bitcoin Jesus, has been charged for mail fraud, tax evasion and filing false returns in order to avoid paying at... Read more »
Table of Contents The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital... Read more »
Senate President Bart Hester, R-Cave Springs, is ready for next week’s fiscal session, but he warns that tax cuts are unlikely until after the fiscal year closes in June. Hester also said... Read more »
The U.S. government finds itself in the spotlight once again for its purported focus on the crypto mining industry. President Joe Biden has unveiled plans to revive a tax proposal that could have... Read more »
U.S. President Joe Biden put forward a variety of crypto related taxes and regulations which he says could generate almost $10 billion next year, and over $42 billion over the next decade,... Read more »
President Joe Biden’s administration is taking a firm stance on environmental sustainability and digital asset regulation. The US Department of the Treasury has proposed a 30% tax on electricity consumption by crypto... Read more »
United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. In a U.S. Department of the Treasury... Read more »
With Union Finance Minister Nirmala Sitharaman set to unveil the Interim Union Budget 2024 on February 1, anticipation by various industries is high. In this regard, the cryptocurrency industry is hopeful that... Read more »
The Biden Administration has not been known for embracing Fintech innovation and, in the past couple of years, has become more hostile towards digital assets in general. One aspect the Biden Administration... Read more »