The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the
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Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all
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South Africa’s Tax Agency Adds Crypto to Compliance Programs
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users
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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law
Read moreIndian finance minister ignores crypto industry’s budget tax plea
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base.
Read moreSouth Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
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