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Crypto News

UAE To Share Crypto Tax Data With Global Authorities Ahead Of 2027 Rollout

The United Arab Emirates and local crypto firms have agreed to join an OECD-backed plan to share crypto tax data with other countries. The...
Crypto News

India’s Tax Department Collects Over $80M From Crypto Taxes, Sends Notices To 44,057 Non-Compliant Investors

Indian taxpayers paid as much as Rs 705 crore (approx. $80M) in taxes on virtual digital asset (VDA) gains for the financial years 2022-23...
Crypto News

Indonesia To Hike Crypto Transaction Tax from August 1, Hits Overseas Exchanges Harder

Indonesia will increase taxes on cryptocurrency trades under a new finance ministry rule. The change applies to both local and overseas exchanges and takes...
Crypto News

Crypto Tax Clarity Hangs In Balance As Senate Debates Trump’s “One Big Beautiful Bill”

Senators in Washington, D.C., are still locked in a marathon session debating President Donald Trump’s massive tax and spending bill, officially called the “One...
News

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...
News

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...
News

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...
News

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...
Market News

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...

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