Tag: Tax

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Ukraine’s Parliament Supports Crypto Tax Bill at First Reading

The Verkhovna Rada, Ukraine’s parliament, passed the first reading of a bill to legalize and tax cryptocurrency on Wednesday, according to lawmaker Yaroslav...

Ukraine sets scene for crypto regulation through tax bill

Ukraine has begun formal steps to legalize the crypto industry, shifting from a largely unregulated market to one with a defined legal...

Unsettled U.S. Crypto Tax Scene

The latest news out of the Internal Revenue Services is another high-profile crypto exit, again leaving the tax agency's digital assets operation rudderless,...

This Week In Crypto Asia: India’s Crypto Tax Reforms, Japan’s Stablecoin Push, And DBS’s Tokenization Drive

The Asian crypto landscape is in constant motion, especially with the recent downturn that BTC and ETH experienced. Amidst all this, massive regulatory...

Brazil’s Crypto Tax Grab Signals What’s Coming Next

Opinion by: Robin Singh, CEO of KoinlyCrypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent...

Head of IRS Crypto Work Exits as U.S. Tax Changes Loom For Digital Assets

The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is leaving her post for the private sector just as...

Stablecoins Should Not Be Exempt From New York Crypto Tax, Lawmaker Says

In brief New York State Assemblymember Phil Steck proposed a 0.2% tax on crypto transactions that take place in the Empire State last week. The...

New York Crypto Tax Could Generate $158 Million a Year, Says Lawmaker

In brief New York State Assemblymember Phil Steck proposed a 0.2% excise tax on cryptocurrency transactions. He estimates that the tax would generate $158 million...

New York Bill Would Tax Crypto Sales, Transfers

The US state of New York is seeking to tax the sales and transfers of crypto and non-fungible tokens (NFTs) under a bill...
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