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Tag: tax regulation

The Proposed IRS Broker Reporting Rules Would Effectively Kill DeFi – The Defiant

The IRS's latest crusade into the realm of digital assets threatens to redefine the landscape of decentralized finance (DeFi) with its proposed broker reporting...

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UK Tax Authority to Access Crypto Wallets and Seize Bitcoin for Missing Payments

The UK Tax authority is looking to keep up with the times. HMRC can already seize funds from bank accounts. FinTechs and crypto are...

What is the wash-sale rule, and does it apply to crypto?

What is the wash-sale rule?Traders can’t declare a tax loss on the sale of a safety in the event that they purchase a...

PH Has Lowest Tax Compliance Rates According to Study, But Experts Doubt the Report’s Accuracy

Share some Bitpinas love:Subscribe to our newsletter!Divly’s Global Cryptocurrency Taxation Report reveals that only 0.5% of global crypto investors paid taxes in 2022, with...

Is The Crypto Industry Ready For Tax Regulation? Survey Shows

For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are...

Intuit TurboTax Releases TurboTax Tax Trends Report

Report reveals Millennials and Gen Z continue to lead the charge in job-hopping, while cryptocurrency transactions were highest among mid-20 and 30-somethings SAN DIEGO–(BUSINESS WIRE)–TurboTax,...

Crypto payments banned in Turkey — Is this just the beginning?

Turkey’s vibrant ecosystem took a hit from the new crypto payments ban, and industry participants speak out on potential implications.

Bitcoin Retreats But Markets Continue Upward Surge

As the hype around Elon Musk’s tweets about Bitcoin subsides, Ethereum and other projects push prices upwards.

No Tax for You: Why Crypto Traders and Miners Might Head to Portugal

Existing outside of the realm of traditional finance and with no central point of authority, digital assets have posed several challenges to governments...

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