South Korea’s crypto reform plans offer tax cuts and funding access to companies
The move would give digital asset firms access to tax breaks and state funding. Dunamu paid ₩24 billion in taxes after losing venture status in 2018. Policy is part of…
Senator Lummis proposes crypto tax amendment to major US budget bill
Senator Cynthia Lummis is trying to add a major crypto tax measure to Trump’s “Big Beautiful Bill.” The amendment seeks to end “double taxation” on staking/mining rewards, taxing them only…
Bitcoin blasts past $106K: is Trump’s remittance tax bill crypto’s new rocket fuel?
Bitcoin price surged to $106,000 on Sunday, May 18, achieving its highest weekly close ever. The rally saw Bitcoin’s market cap reach $2.11 trillion, liquidating over $44M in short positions.…
UK confirms crypto tax data rules under CARF; first deadline set for May 2027
CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with…
Italy will drop plans to increase tax on crypto capital gains
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and…
Netherlands seeks public feedback on crypto tax reporting rules
Netherlands has invited public comments on a new draft bill on crypto tax reporting expected to align local rules with European Union regulations. The public can share opinions and comments…
Italy set to raise Bitcoin capital gains tax to 42%
Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures…
How to Build a Crypto Tax Calculator (React Guide)
Calculating taxes on cryptocurrency transactions can be complex due to market volatility and various taxable events. In this article, we'll guide you through building a simple crypto tax calculator...
U.S. Treasury issues new Cryptocurrency tax rules
The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not include decentralised finance and non-hosted wallets, although rules…
US Congressman introduces bill to allow IRS accept Bitcoin for tax payments
US Congressman Matt Gaetz has introduced legislation that would require the IRS to accept tax paid with Bitcoin. If enacted into law, American taxpayers will have the option to pay…