Tag: crypto tax

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Russia Proposes 15% Tax On Crypto Earnings Amid Push To Regulate Crypto Mining

A new 15% cryptocurrency tax has been introduced in Russia following a draft amendment to the tax code. The Ministry of Finance announced this...

CEO Of Russia’s Largest State-Owned Bank CEO Says Domestic Crypto Transaction “Not Very Likely”

Herman Gref, the CEO of Sberbank, discussed ongoing cryptocurrency regulation in Russia during his speech at the “FI day. Blockchain: on the edge of...

Italy Pulls Back Proposed Crypto Trading Tax From 42% To 28%, Details Inside

Italian Prime Minister Giorgia Meloni's government is preparing an amendment to lessen impending tax increases on crypto transactions. The proposed crypto gains levy had...

Italy’s Crypto Crackdown: Capital Gains Tax on Bitcoin Soars to 42%

In a bold move that has sent ripples through the cryptocurrency community, Italy has announced plans to dramatically increase the capital gains tax on...

Reporting for crypto receipts can be on hold for now: IRS and US treasury

On Tuesday, The IRS (Internal Revenue Service) of the U.S. government made an announcement that businesses and traders for now do not have to...