Cryptocurrency Tax News
India Tightens Crypto KYC With Live Selfies and Location Tracking
India’s Financial Intelligence Unit has tightened how crypto exchanges in India can sign up users. The tougher standards underscore India...
Canada’s Tax Agency Flags Massive Crypto Non-Compliance but Brings Zero Charges Since 2020
Canada’s tax authority, the Canada Revenue Agency (CRA), has clawed back more than C$100 million (AU$109 million) through audits targeting...
Albanese Government’s Super Backflip Sparks Greens Fury — Could Derail Senate Support
After prolonged pressure and a lack of support from the Greens, the Coalition, and pretty much everyone else, Australian Treasurer Jim Chalm...
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...