The Czech government has exempted crypto held for over three years from taxation, and transactions under $4,200 don't need to be reported.
Russian President Vladimir Putin signs a new crypto taxation law recognizing digital assets as property and exempting Bitcoin and other cryptocurrencies from VAT for foreign trade settlements.
Italy's economy minister may revise the proposed 42% crypto tax following pressure from his own party's lawmakers.
Denmark's Tax Law Council is considering a new crypto tax proposal that could include unrealized gains. The framework proposes treating cryptocurrencies like stocks, with a 42% tax rate, taking effect from 2026 if approved. No legislation has been passed yet, despite some misreports.
Japan's Democratic Party leader Yuichiro Tamaki proposes a 20% crypto tax to attract investors, echoing global trends of using blockchain to boost economic health.
A South Korean province seized $890,000 in cryptocurrencies from residents who didn't pay taxes.
The UAE has abolished taxes on all cryptocurrency transactions, marking a significant development for the cryptocurrency market.
Zac Townsend, CEO of Among Us, criticizes a proposed tax on unrealized capital gains, expressing concerns for crypto investors.
The proposed UK crypto bill could significantly alter the taxation of digital assets.
Nigeria plans to regulate and tax the crypto market with a new bill, driven by the rising adoption of cryptocurrencies in the country.
Switzerland considers including crypto tax data in international information exchange protocols.
IRS updates crypto tax form, drops wallet addresses and transaction IDs.
South Korean lawmaker proposes delaying crypto tax by three years, citing inadequate infrastructure. The bill aims to extend the deadline to January 1, 2028.
Minister of Treasury and Finance Mehmet Şimşek made new statements regarding cryptocurrencies and their taxation.
The Australian Tax Office (ATO) is requesting personal and transaction details from cryptocurrency exchanges for up to 1.2 million users, aiming to target both unintentional and intentional tax non-compliance.
Argentina's Chamber of Deputies has approved a legal framework within the 'Omnibus law' to tax undeclared cryptocurrency held by citizens in foreign countries.
The new bill presented by US lawmakers seeks to tax staking rewards only upon sale, not acquisition, aiming to provide clarity on tax obligations.
A proposed US bill seeks to tax cryptocurrency block rewards only at the point of sale, not at acquisition, potentially affecting how miners and stakers report income.
US lawmakers have proposed a bill to tax cryptocurrency staking rewards only when they're sold, providing clarity on the taxation process.
Australia and Indonesia's tax authorities signed an agreement to exchange cryptocurrency data and knowledge to enforce tax obligations, showcasing their commitment to adopting crypto regulations.
Indonesia and Australia have signed an agreement for crypto information-sharing to strengthen taxation policies.
Cryptocurrency investors are grappling with regulatory uncertainties, particularly in the area of taxation which is garnering more attention globally.
Brazil is set to introduce a bill proposing changes to crypto taxation, aligning it with the taxation of shares and fluctuating capital instruments, diverging from the current treatment as goods.