The Japanese government has given the green light to a tax regime revision set for 2024 that aims to exempt corporations from paying taxes on unrealized gains from cryptocurrencies, provided…
Brazilian lawmakers are taking steps to impose higher taxes on cryptocurrencies held abroad. Reports indicate that a congressional committee in Brazil has endorsed changes to a proposed law that classifies…
The Japan Blockchain Association (JBA) has pleaded with the government of that nation to amend its current tax system so that cryptocurrencies might be treated as legal tender. The JBA's…
In a rapidly evolving digital landscape, the need for regulatory clarity in the realm of cryptocurrencies has become increasingly apparent. U.S. Senator Cynthia Lummis has emerged as a prominent advocate…
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Members of Congress Brad Sherman and Stephen Lynch have urged the prompt implementation of tax regulations…
The upcoming vote on the US debt ceiling deal in the House of Representatives will not include the proposed 30% excise tax on fuel usage by crypto mining.
Surprisingly, the recently…