Tax Financial News

21.11 / 11:21

economics Tax UK Chancellor Jeremy Hunt Tax receipts tick up as chancellor pledges to 'boost business investment'

Central government's receipts were £76.9bn last month, according to the Office for National Statistics, £2.5bn more than in October 2022 and £1.5bn more than the £75.4bn forecast by the OBR in March 2023.

10.11 / 05:05

Blockchain Gap Pool Tax Kuna 2020 Failure to ‘Properly’ Regulate Crypto Has Cost Ukraine $49bn – Study

Ukraine’s failure to adequately regulate the crypto sector cost the nation just shy of $49 billion in the period 2016 to 2022, a study has found.

18.10 / 06:49

UPS Microsoft economy Tax country reform Major Japanese Businesses Ask Gov’t to Reform Crypto Tax System

Some of Japan’s biggest businesses have asked the nation’s government to make crypto tax reforms, as the country continues to pivot to Web3 and crypto.

13.10 / 21:47

coinbase IRS Tax Coinbase Raises Concerns Over Proposed IRS Tax Regulations on Crypto

Coinbase, the largest cryptocurrency exchange, argues that the U.S. Internal Revenue Service (IRS) proposal regarding cryptocurrency tax regulations could potentially harm both the cryptocurrency industry and the privacy of American citizens.

20.09 / 17:13

Tax foreign 70% of South Korean Reported Foreign Assets Are Crypto- Here’s More

South Korea’s crypto adoption grows as authorities disclosed that 70% of the nation’s reported overseas assets are cryptocurrencies.

05.09 / 14:25

Tax crypto regulation end Financial Japan Financial Regulator Moves To End 'Paper Profits' Tax On Digital Assets

Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets.

04.09 / 07:29

Blockchain Binance CEO Tax reform Japan Edging Toward Crypto Tax Reform

Japan is moving toward crypto tax reforms, with the nation’s top financial regulator set to change the way it taxes domestic crypto firms.

22.08 / 13:11

Tax Assets tax evasion New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion

Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.

01.08 / 16:23

Binance IRS Tax TRON Customers Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.07 / 10:40

regulation Tax DAO Israeli Government Forms Special Team and Seeks Public Input on DAO Regulation

The Israeli government has established a special examination team tasked with regulating decentralized governance organizations (DAOs).

21.07 / 06:31

Binance Aware USDT coinbase Tax Bitcoin Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report

Over 70% of Spanish crypto traders declared losses in the financial year 2022, a new report has found.

12.07 / 01:21

COST Citizens Tax Russians ‘Can Pay Taxes on Their Crypto Earnings’ – Despite Crypto’s Lack of Legal Status

The Russian tax body says that citizens “can pay” taxes on their crypto earnings, despite the fact that tokens have no legal status in the country.

06.07 / 15:13

Stablecoin Tax Police Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police Officers, Bill to Exempt Foreigners in Israel from Crypto Taxes Passes Preliminary Reading

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.07 / 09:23

Legal IRS Kraken Tax Crypto Exchange Kraken Ordered to Submit User Transaction Data to IRS – Here's the Latest

Cryptocurrency exchange Kraken has been ordered by a judge to submit a vast amount of user information to the Internal Revenue Service (IRS) for an investigation into potential tax evasion.

29.06 / 15:45

Blockchain Binance Europe Tax Euro OpenAI Support Financial Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

29.06 / 09:51

Blockchain cryptocurrency Stablecoin regulation Tax lawmakers Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy

Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation.

26.06 / 13:09

Adoption regulation Tax Token Issuers in Japan to Be Exempt from 30% Crypto Tax on Unrealized Gains

Japanese token issuers have been exempted from corporate taxes on unrealized cryptocurrency gains.

16.06 / 04:54

MET Fighting Tax Kuna 2024 Ukraine Wants to Tax Crypto Gains at 18% from 2024

Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall.

06.06 / 16:48

Binance CFTC IRS Tax CBOE Blockdaemon Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean Hackers, OKX Partners with Custody Service Provider Komainu, Zodia Custody Joins Hands with Blockdaemon

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________

22.05 / 10:51

Tax ConsenSys MetaMask NOT MetaMask ‘Does Not Collect Taxes On Crypto Transactions' Says ConsenSys in Push Back

ConsenSys, the company behind the popular self-custodial crypto wallet MetaMask, has denied allegations that it collects taxes from users.

21.05 / 19:05

regulation Tax Deal NOT Biden: I'm Not Willing to Strike a Deal With 'Crypto Traders'

US President Joe Biden has said he is not willing to ink a debt ceiling agreement that would benefit crypto traders.

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