crypto tax

Important Factors Influencing Bitcoin Prices in the Current Month + Latest Updates on Cryptocurrencies

Wyatt NewsonJan 9, 20243 min read

Key Price Drivers for Bitcoin This Month The recent surge in Bitcoin (BTC)’s price is driven by anticipation of regulatory approvals, institutional interest, and market dynamics.…

Shanghai’s Crypto Tax Guide Sparks Speculation on China’s Relief from Cryptocurrency Ban

Gapster InnesJan 8, 20242 min read

China Clarifies Taxation on Digital Currency Transactions An article published by the Shanghai Municipal Tax Service has raised speculation about a potential easing of China’s crypto…

Week in Review: New US Crypto Tax Law, SEC Continues BTC ETF Process, Saylor Expands BTC Holdings, and More

Benito CormiJan 7, 20244 min read

New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days Starting from the beginning of…

Understanding the Complexities: Consequences of Not Reporting Crypto Trades Over $10K to IRS

Demian CrypterJan 5, 20246 min read

The IRS is Coming: What You Need to Know About Crypto Tax Reporting The opening days of 2024 have seen a resounding call echo across the…

Tax Accountant in South Korea: Exemption from Overseas Reporting Applies to Digital Assets in Non-Custodial Wallets

Benito CormiJan 5, 20242 min read

The Controversial Overseas Account Reporting Requirement South Koreans who hold digital assets in decentralized or non-custodial wallets like Metamask or Ledger are reportedly not required to…

Wemade, South Korean Gaming Giant, Confronts $41 Million Tax Obligation for Crypto Ventures

Blount CharlestonJan 4, 20242 min read

South Korean Gaming Company Faces $41 Million Tax Demand The South Korean gaming company Wemade, known for its involvement in blockchain gaming, has received a massive…

Incheon, South Korea Confiscates Cryptocurrency Valued at $375,000 from Individuals Evading Taxes

Wyatt NewsonJan 3, 20242 min read

South Korea’s Incheon Seizes $375,000 Worth of Crypto from Tax-Evaders The city of Incheon in South Korea has confiscated approximately $375,000 worth of cryptoassets from residents…

WeMade, South Korean Gaming Giant, Ordered to Settle $41 Million Cryptocurrency Tax Bill

Wyatt NewsonJan 3, 20242 min read

South Korean Gaming Firm WeMade Hit with $41M Tax Bill The National Tax Service (NTS) in South Korea has issued a $41 million tax bill to…

Understanding the Latest Coin Center Report: Unfeasible Implementation of the New Crypto Tax Law

Daisy HodleyJan 3, 20242 min read

New Crypto Tax Law Takes Effect, Coin Center Claims Compliance is Impossible A prominent crypto advocacy group, Coin Center, has issued a press release stating that…

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