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Tag: Taxation

Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus

October 2, 2023 wp-bot Bitcoin News

Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits.

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Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance

August 1, 2023 wp-bot Bitcoin News, Kraken

The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of

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Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System

July 31, 2023 wp-bot Bitcoin News, Blockchain

An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the

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Slovakia to Lower Tax on Income From Crypto Holdings

June 30, 2023 wp-bot Bitcoin News

Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital

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Crypto Companies in Japan Get Tax Relief Under Revised Rules

June 26, 2023 wp-bot Bitcoin News

The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media

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Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

May 14, 2023 wp-bot Bitcoin News

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian

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