Spanish Ministry of Finance Implements Legislative Reforms to Monitor Cryptocurrencies The Spanish Ministry of Finance, led by María Jesús Montero, is taking steps to enhance its…
Spain Proposes Seizing Cryptocurrencies for Tax Debts The Spanish Treasury is working on a proposal for tax reform that would allow the seizure of cryptocurrencies to…
US Treasury and IRS Announce Business Reporting Exemption for Digital Assets The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not…
The United States Treasury Department and Internal Revenue Service (IRS) have made changes to their crypto tax reporting rule. The original rule required extensive reporting for…
Digital Asset Tax Solution CoinTracking Launches Services in the UK CoinTracking, a digital asset tax solution, has announced the launch of its services in the UK.…
Kenya’s New Bill Aims to Regulate Cryptocurrency A new bill called the Capital Markets (Amendment) Bill, 2023 is set to bring regulation and taxation to the…
Increase in Crypto Tax Transparency in the UK The UK government has implemented a new initiative to promote transparency in crypto taxation. They are urging crypto…
Australia’s Tax Regulator Provides Unclear Guidance on DeFi Transactions Australia’s tax regulator, the Australian Taxation Office (ATO), has released new guidance that has left many confused…
Turkey Prepares to Implement New Crypto Regulations Turkey is set to introduce new regulations focused on “licensing” and “taxation” as part of its efforts to regulate…