New Crypto Tax Reporting Obligations Take Effect on January 1 Starting on January 1, a new tax reporting law has come into force in the United…
Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021…
South Korea Implements Cryptocurrency Disclosure for Government Officials The South Korean government has mandated that approximately 6,000 public officials must disclose their cryptocurrency holdings starting from…
The Financial Accounting Standards Board Introduces New Crypto Accounting Rules The Financial Accounting Standards Board (FASB) has released new accounting rules that will change how companies…
South Korea Establishes Reporting Period for Unlicensed Crypto Exchanges Financial authorities in South Korea are giving users the opportunity to report any unlicensed cryptocurrency exchanges operating…
New Reporting Deadline for Spanish Citizens Spanish residents holding crypto assets on international exchanges are now required to disclose their holdings by March 31, 2024, according…
Spain Introduces New Laws for Taxation of Crypto Assets In an effort to regulate the taxation of virtual assets, Spain has implemented new laws that require…
Spanish Tax Authority Requires Declaration of Crypto Assets The Spanish Tax Administration Agency has implemented a new regulation that mandates Spanish residents to declare their cryptocurrency…
Regulatory Development in Canada Canada’s Office of the Superintendent of Financial Institutions is taking steps to address the increasing presence of cryptocurrencies in the financial sector.…
