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Tag: Crypto tax

South Korean Tax Accountant: Digital Assets Held in Non-Custodial Wallets Not Subject to Overseas Reporting Requirement

January 5, 2024 wp-bot Bitcoin News

South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial

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New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days

January 3, 2024 wp-bot Bitcoin News

A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in

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Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto

December 6, 2023 wp-bot Bitcoin News

A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax

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South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework

November 18, 2023 wp-bot Bitcoin News

South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the

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40+ Countries Implementing International Crypto Reporting Framework

November 15, 2023 wp-bot Bitcoin News

Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the

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Crypto Exchange Wants to See India Lower Tax on Trading

October 30, 2023 wp-bot Bitcoin News

Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the

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