U.S. President Joe Biden’s proposed budget for the next fiscal year includes a series of regulatory measures targeting the digital asset market. These measures include implementing…
South Korea to Develop Crypto Asset Management System by 2025 South Korea is planning to establish a dedicated asset management system for cryptocurrencies by 2025 as…
Indonesia Urged to Re-Evaluate Crypto Tax Regime as Revenue Plummets Indonesia’s crypto tax revenue experienced a significant drop of 63% in 2023 compared to the previous…
**Reevaluating Crypto Taxes in Indonesia** Indonesia’s cryptocurrency regulator, the Commodity Futures Trading Regulatory Agency (Bappebti), has requested the government to reconsider the taxation of cryptocurrencies. Currently,…
The Commodity Futures Trading Supervisory Agency of Indonesia Urges Reassessment of Crypto Taxation The Commodity Futures Trading Supervisory Agency (Bappebti) of Indonesia has requested the Ministry…
IRS Recruits Former Crypto Executives to Strengthen Enforcement Efforts The Internal Revenue Service (IRS) has brought on board two former cryptocurrency executives to enhance its enforcement…
The IRS Hires Crypto Experts to Assist with Tax Compliance The Internal Revenue Service (IRS) has announced the hiring of two private-sector experts, Sulolit “Raj” Mukherjee…
IRS Hires Crypto Industry Executives to Enhance Digital Asset Reporting and Compliance The Internal Revenue Service (IRS) has recently announced that it has brought on board…
Gyeonggi Province Collects Millions in Undeclared Taxes Through Crypto Asset Tracking In 2023, Gyeonggi Province in South Korea successfully recovered millions of dollars in tax revenue…
