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Tag: Law

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

February 9, 2022 wp-bot Bitcoin News

Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the

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DoJ seizes $3.6B in crypto and arrests two in connection with 2016 Bitfinex hack

February 8, 2022 wp-bot Cointelegraph

“The department once again showed how it can and will follow the money,” said Deputy Attorney General Lisa Monaco.

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No precedent: IRS court settlement doesn’t clarify crypto staking taxes

February 8, 2022 wp-bot Cointelegraph

There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.

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Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7

February 7, 2022 wp-bot Cointelegraph

Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes.

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US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

February 7, 2022 wp-bot Cointelegraph

FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway.

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‘Wave of litigation’ to hit NFT space as copyright issues abound

February 7, 2022 wp-bot Cointelegraph

As the NFT industry grows with increasing market penetration, research and consumer education are key to the domain’s evolution.

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