Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure…
Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals.Previously, individuals selling up…
U.S. Senator Cynthia Lummis is calling for urgent changes to crypto tax laws, saying current rules unfairly target Bitcoin and other digital assets. In a recent post on X, she…
Opinion by: Chebet Kipingor, business operations manager at BushaAs Kenya pushes forward with a revised 1.5% crypto transaction tax, it risks losing more than revenue — it could forfeit its…
The Japanese Bitcoin investment firm, Metaplanet, has emerged as the top stock purchased through Japan’s Nippon Individual Savings Account (NISA) program, with investors leveraging the scheme to purchase Bitcoin while…
Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale. In a new track shared on…
Key Points:The wash-sale rule could extend to cryptocurrencies.Reform aims to generate billions in additional tax revenue.The proposal could ease compliance for Bitcoin miners.
Wyoming Senator Cynthia Lummis, along with Senator Kirsten…
Right now, Trump’s capital tax measures are being rolled out through Congress, and the implications for global markets are quite frankly alarming. This new policy, which is buried deep in…
Florida is now proposing new legislation that would eliminate capital gains taxes on Bitcoin, XRP, and also traditional stocks for state residents. The groundbreaking bill, which was introduced right now…
In brief
Steak 'n Shake recently began accepting Bitcoin as a form of payment.
Using cryptocurrencies to purchase goods and services has tax implications, experts told Decrypt.
U.S. taxpayers are responsible for…