Russian and Belizean prosecutors to monitor illicit bitcoin activity
Russian and Belizean prosecutors agreed to exchange information on cybercrime, including matters related to the cryptocurrency market.
Russian and Belizean prosecutors to monitor illicit bitcoin activity
Russian and Belizean prosecutors agreed to exchange information on cybercrime, including matters related to the cryptocurrency market.
Philippine authorities propose taxing Axie Infinity token transactions.
Against the popularity of the Axie Infinity NFT project in the Philippines, merchants began accepting in-game Smooth Love Potion as a form of payment. The scale of deals has reached such volumes that the Philippines’ Department of Finance took an interest in the matter.
Coinbase executive sees infrastructure bill as a threat to millions of Americans
The crypto tax provisions in the U.S. infrastructure bill affect the interests of some 60 million Americans who own them. This view is held by Coinbase's vice president of taxes, Lawrence Zlatkin.
Media: U.S. Treasury to Publish Guidance on Crypto-Company Taxation
The U.S. Treasury Department will clarify the tax reporting requirements for crypto companies, part of the infrastructure bill. These provisions will apply only to entities the Treasury regards as brokers.
US House Democrat Anna Eshoo urges amendments to cryptocurrency provisions in infrastructure bill
U.S. Representative Anna G. Eshoo, in an open letter, urged Speaker Nancy Pelosi to amend the cryptocurrency tax provisions in the infrastructure bill.
TaxBit reaches unicorn status after a $130 million funding round
TaxBit, a software company that develops cryptocurrency tax calculation and accounting automation, raised $130 million in a Series B round. The startup joined the unicorn club with a valuation of $1.33 billion.
Iranian tax authority urges legalisation of crypto exchanges
The Iranian National Tax Administration (INTA) has called for a legal framework to tax cryptocurrency exchanges operating in the country. Local media report.
U.S. Senate sends infrastructure bill to House of Representatives without cryptocurrency amendments
The U.S. Senate sent a bipartisan $1 trillion infrastructure bill to the House of Representatives in its original form.
US Senate votes down compromise amendment on cryptocurrency taxation
U.S. Senators Cynthia Lummis and Pat Toomey announced a compromise among Democrats, Republicans and the Treasury Department on provisions of the infrastructure plan aimed at additional taxation of cryptocurrencies.
U.S. Senate ends debate on crypto-tax amendments
On Sunday, 9 August, the U.S. Senate voted to end debate on amendments to the infrastructure bill, some provisions of which target additional taxation of the crypto industry.
Jack Dorsey joins criticism of US plan for expanded crypto taxation
Jack Dorsey has criticised the plan for expanded cryptocurrency taxation in the United States and proposed his own approach to solving the problem. According to the Twitter chief, the bill as currently drafted runs counter to the development of innovation in the United States.We use cookies to improve the quality of our service.
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