taxes

Legislative Turnaround: Argentina Abolishes Taxes on Cryptocurrency

Legislative Turnaround: Argentina Abolishes Taxes on Cryptocurrency

Althea BurnettFeb 1, 20243 min read

Argentina Removes Crypto Taxes, Prioritizes Economic Development The Argentine government has made amendments to the Ley Ómnibus bill, removing provisions that would have required taxpayers to…

Argentina Delays Implementation of Tax Exemption for Cryptocurrencies

Argentina Delays Implementation of Tax Exemption for Cryptocurrencies

Leo NomistFeb 1, 20243 min read

The President of Argentina Removes Crypto Tax Plan from Omnibus Bill The new president of Argentina, Javier Milei, has made the decision to remove the proposed…

Argentina President Javier Milei Abandons Proposal to Impose Taxes on Cryptocurrencies

Argentina President Javier Milei Abandons Proposal to Impose Taxes on Cryptocurrencies

Demian CrypterJan 31, 20242 min read

Milei Removes Cryptocurrency Taxes from Controversial Reform Package Argentina’s President Javier Milei has made the decision to remove proposed cryptocurrency taxes from a comprehensive reform package.…

South Korea Considers Abolishing Cryptocurrency Taxes Amid Introduction of New Income Tax System

South Korea Considers Abolishing Cryptocurrency Taxes Amid Introduction of New Income Tax System

Theon BarrettJan 18, 20242 min read

South Korea Considers Including Crypto Asset Gains in Abolition of Income Tax for Financial Investments In a recent policy briefing, Jeong Jung-hoon, deputy minister of the…

Temporary Waiver of Business Crypto Reporting Requirements by IRS and Treasury

Temporary Waiver of Business Crypto Reporting Requirements by IRS and Treasury

Noah RyptonJan 17, 20242 min read

IRS and Treasury: No Reporting of Cryptocurrency Receipts Until New Regulations The Internal Revenue Service (IRS) and the U.S. Treasury Department have announced that American businesses…

India restricts access to leading offshore cryptocurrency exchanges

India restricts access to leading offshore cryptocurrency exchanges

Noah RyptonJan 14, 20243 min read

India Suspends Access to Foreign Cryptocurrency Exchanges India has suspended access to several foreign cryptocurrency exchanges, including Binance, KuCoin, and OKX. The country’s Financial Intelligence Unit…

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

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…

Are Capital Gains Taxes and Crypto Taxes Identical?

Are Capital Gains Taxes and Crypto Taxes Identical?

Gapster InnesDec 31, 20233 min read

Crypto Taxation in India The taxation of cryptocurrencies in India has undergone significant changes in recent years. Cryptocurrencies are now considered assets and are subject to…

Kyrgyzstan Generates $1 Million in Revenue through Crypto Mining Taxes in 2023

Kyrgyzstan Generates $1 Million in Revenue through Crypto Mining Taxes in 2023

Wyatt NewsonDec 28, 20232 min read

Kyrgyzstan Generates Revenue from Crypto Mining Taxes Kyrgyzstan’s government is set to raise over $1 million this year from taxing the crypto mining industry. According to…

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