The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community
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Some US lawmakers want Bitcoin miners to be exempted from proposed crypto taxes
Certain members of Congress want assurances that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules.
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US Senator Says Crypto Tax in Infrastructure Bill Is ‘Unworkable,’ Plans to Offer Amendment to Fix It
Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1 trillion infrastructure bill. While the bill has been revised from last
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Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan
U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax
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South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to
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Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market.
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