Cryptocurrency Tax News
Lummis’s Crypto Comeback: New Bill Aims to End ‘Archaic’ Tax Hits on Miners, Stakers and Small Trades
US Senator Cynthia Lummis has tabled new legislation that would overhaul how digital assets are taxed in the United States, eliminating key ...
Senate Passes “One Big Beautiful Bill”: Crypto Tax Relief Nowhere in Sight
Republicans have just barely managed to pass the Donald Trump-backed ‘One Big Beautiful Bill’ through the US Senate to advance the conte...
Brazil Ends Crypto Tax Exemptions, Imposes 17.5% Flat Capital Gains Rate
The Brazilian government has eliminated its tax exemption for small-scale cryptocurrency investors. On 11 June, the government published Pro...
Aussie Judge Rules Bitcoin Is Cash, Puts ATO’s Crypto Taxation on Notice
A Victorian magistrate has ruled that Bitcoin is comparable to Australian dollars and should therefore be exempt from capital gains tax (CGT...
ATO Scrutiny Could Increase for Everyday Investors: Crypto Tax Exec
The Australian Government’s recent move to rule out crypto-specific tax laws paves the way for the Australian Tax Office (ATO) to more act...
Ohio Legislators Propose Bill to Ban Crypto Taxation on Digital Asset Payments
Ohio Lawmakers recently introduced House Bill 116, which aims to restrict state-level taxes or fees on digital assets when they are used as ...
Pantera Capital’s Dan Morehead Under Investigation for Tax Evasion After Puerto Rico Move
Pantera Capital founder Dan Morehead is under federal investigation for potential tax law violations following his move to Puerto Rico, a US...
Incoming Treasury Secretary Scott Bessent Says No Need for US CBDC
The Trump era is just days away, and the crypto community awaits eagerly to see how the regulatory landscape will shift under his leadership...
Bitcoin Investor Sentenced for Tax Fraud Ordered to Disclose Passcodes for $124 Million in Digital Assets
Frank Richard Ahlgren III has made history by becoming the first US citizen convicted of tax crimes tied to… cryptocurrency sales. A...
Czech Republic to Exempt Long-Term Bitcoin Holdings from Capital Gains Tax Starting 2025
The Czech Republic has introduced a new tax exemption law stating that crypto transactions can be excluded from personal taxation as long as...
Crypto Tax Exemption Plan to Put Hong Kong Ahead in Competition for Investment
Hong Kong is considering a capital gains tax exemption for crypto investments held by hedge funds, private equity funds and some family offi...
Detroit to Accept Crypto for Tax Payments, Becoming Largest US City to Adopt Digital Currency
The adoption of crypto continues to accelerate. With the Spot Bitcoin and Ethereum exchange-traded funds (ETFs) approved and trading – and...