Tuesday, March 19, 2024
Ethereum's Dencun upgrade will significantly improve blockchain efficiency and scalability, with a launch date of March 13. Transaction fees on Ethereum’s layer 2 solutions are expected to be reduced by at least 10 times, which will...
According to the bill, any natural person residing in Brazil must declare income obtained with capital invested abroad, separate from other income and capital gains. The president of Brazil, Luiz Inácio Lula da...
According to Dan Howitt of crypto tax service provider Recap, people should be able to pay taxes pseudonymously. Cryptocurrency investors can protect themselves from collapses of major cryptocurrency companies by holding their own cryptocurrencies. Several regimes...
This requirement is a must, according to the European Parliament, which has just validated a new common standard, the DAC8 Last May, the Council of Europe agreed on cooperation between the tax authorities...
Meanwhile, Argentina manages a 15% tax on earnings with cryptocurrencies to encourage investment. Dominican Republic and Spain request taxes of 20% to 90% on profits with cryptocurrencies. According to a study, Panama and...
On June 30, a US court ruled that Kraken must provide its users' information to the Internal Revenue Service (IRS), to investigate those who do not file their taxes. The court ruled that the IRS has...
Bitcoin miners have a lot to contribute to the Texas energy grid. The working group also recommends promoting education in Bitcoin and Blockchain. A working group specialized in Blockchain from the state of...
According to the Official Gazette of Venezuela, both the purchase/sale of digital assets and the payments with said assets are exempt from the Tax on primary financial operations. However, various situations apply depending on the nature...
The guide establishes the conditions that people in Chile, Colombia, Peru, and Argentina must comply with. In Argentina, cryptocurrency tax laws are still under development. The Latin American exchange Buda.com recently published on its blog a...
The Chinese government will use digital Yuan in a subsidy scheme for public sector workers. The credit of this Asian country will support this digital asset. The People’s Bank of China responded...