Taxing Cryptocurrencies in South Korea is Inevitable, says the Country’s Finance Minister

Hong Nam-ki, the South Korean Finance Minister, stated in a news conference held earlier today that nationwide crypto taxing within South Korea is inevitable. No matter...

Senator Lummis Believes That the Congress’ Crypto Tax Reform Would Favor the Crypto Industry

Senator Cynthia Lummis, who is often referred to as the “Bitcoin Senator” due to her crypto-friendly outlook and advances, spoke this past Wednesday optimistically...

Global Crypto Staking Taxation Is Unclear, According To the US Library of Congress

US Congressman Tom Emmer announced this past Wednesday the publishing of the 124-page report, titled: "Taxation of Cryptocurrency Block Rewards in Selected Jurisdictions," highlighting the...
OECD-crypto-tax

OECD Says That a Global Crypto Tax Regulation Is Set To Come Next Year

Last month, the Organization for Economic Cooperation and Development (OECD) suggested to the policymakers around the world to come up with a uniform crypto...
Korea-Taxation

South Korea Delays the Implementation of the New Crypto Tax Law To 2022

A month and so removed from when the Korean Blockchain Association (KBA) suggested a delay for the new tax framework implementation, the South Korean...

KBA Is Suggesting For the Crypto Tax Framework to Be Delayed

As reported by News1 Korea this last October 14, the Korean Blockchain Association (KBA) suggests that the government delay the new tax framework implementation...

Israeli Regulators Are Proposing Cryptocurrencies to Be Taxed as Fiat Money Instead of an...

As per Tuesday's report of the Israeli publication Globes, four Knesset members – the country's crypto regulators – proposes that cryptocurrencies should be treated...
Korea

South Korean Government Plans to Draft Crypto Taxation Law

The South Korean government is now facing questions and scrutiny from crypto enthusiasts in the country due to its confusing stance regarding taxation. On December 29, it...
IRS-building

IRS Receives Letter from 8 Congress Representatives who Urge Clarity on Crypto Tax

The Internal Revenue Service (IRS) received a letter from eight Congress members who aim to provide clearer regulations of crypto tax laws. The letter was released on...
Greece

Greece’s New Policy Earns Unpopular Remarks from Economists and Bitcoin Experts

Credit card and bank transactions will no longer be a payment option but an obligation for Greek citizens. A new regulation will mandate them...

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