EU’s DAC8 Directive Aims to Regulate Crypto Assets The European Union (EU) is set to introduce the Digital Asset Compliance Directive 8 (DAC8) in 2024 as…
European Parliament Supports Continent-Wide Crypto Tax Reporting Rule Approximately 90% of European Parliament lawmakers voted in favor of a continent-wide tax-reporting rule for crypto transactions. Out…
The European Parliament Approves DAC8 Directive for Crypto-Asset Regulation The European Parliament has taken a significant step in regulating cryptocurrency by approving the eighth iteration of…
Polygon Labs Explains Crypto Staking to Senators Using Apple Farming Analogy Polygon Labs, in response to a request for comments on the taxation of digital assets,…
Bitget Collaborates with Koinly for Easier Crypto Tax Reporting Bitget, the leading cryptocurrency exchange and copy trading platform, has partnered with Koinly to enhance its API…
Japan Moving Towards Crypto Tax Reforms The Japanese Financial Services Agency (FSA) is seeking to change the way domestic crypto firms are taxed. The FSA has…
The United States IRS Proposes New Regulations for Crypto Tax Reporting The United States Internal Revenue Service (IRS) has released proposed regulations on the sale and…
Cryptocurrency Community Divided Over Biden’s Proposed Crypto Tax Reporting Standards Prominent figures in the cryptocurrency space are expressing concerns over the new crypto tax reporting regulations…
The US Department of the Treasury’s new crypto tax regulations face backlash The recently unveiled regulations from the US Department of the Treasury regarding crypto taxes…