Cryptocurrency Tax News
The ATO Publish Crypto Tax Tips Sheet 2021
The Australian Tax Office (ATO) has published a free crypto tax fact sheet on its website with some tips to help Aussies with their crypto t...
Aussie Crypto Tax Guide 2021 – 3 Key Points
With the ATO set to target Aussie crypto investors it is important that you understand that you need to declare your crypto in your tax retu...
Australian Federal Taskforce Targets Crypto Fraud, Tax Avoidance
A multi-pronged taskforce that includes the Australian Tax Office (ATO), Federal Police, ASIC and the Australian Criminal Intelligence Commi...
Libertarian Ron Paul Says “Bitcoin Should Be Legalised As Money”
Ron Paul, former US Congressman and Libertarian Party candidate for the 1988 US presidency, has put forward a strong case that Bitcoin shoul...
Australian Project Enables Bitcoin And Monero Direct Swaps
COMIT Network, an Australian-based decentralised exchange (DEX), now allows atomic swaps between Monero and Bitcoin. This means users can di...
US Treasury Declares War Against Crypto Tax Evasion
On May 28, the Biden Administration released the 2022 Budget Proposal, as the US Treasury calls for more detailed crypto reporting requ...
ATO Warns Crypto Holders To Report Crypto Gains
On Friday, the Australian Tax Office (ATO) stated that they are expecting all cryptocurrency-related income to be reported for taxation purp...
Australian Crypto Collateralized Loans Tax Questions Answered
What is a Crypto Collateralized loan? A crypto collaterized loan is a type of borrowing where you stake cryptocurrency as collateral to borr...
Biden’s New Crypto Tax Proposal For Businesses To Report Crypto Transactions Over $10k
On Thursday, U.S. President Joe Biden provided details on how the administration plans to generate an additional $700 billion USD in revenue...
Binance Crypto Exchange Under DOJ Investigation To Target Money Laundering And Tax Evasion
Operation “Hidden Treasure” was initiated by the Internal Revenue Service (IRS) and Department of Justice (DOJ) on Thursday in a...
Bitcoin Trading Tax In Hungary Drops 50% In 2022 COVID Program
Hungary has had a year rougher than most due to the ongoing pandemic. Looking for ways to attract capital in an effort to get back on their ...
Kraken Required To Provide Transactions Over $20,000 USD To The IRS
A Federal Court in Northern California has allowed the IRS to require Kraken to provide information on all users who made the equivalent of ...