The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According
Read more
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by
Read more
Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions
A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital
Read more
Italy Wants to Tax Crypto Gains at 26% From 2023
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year.
Read more
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also
Read more
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The
Read more