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Tax
Kazakhstan President Calls for Tax Increase on Crypto Mining: Report
Just weeks after a tax on mining came into effect, the government is looking to raise it fivefold.
India's Crypto Tax May Curb Excessive Speculation, Bring Institutional Demand
The proposed tax structure is less of a concern for long-term holders than short-term traders, one SHIB holder said.
US Lawmakers Reintroduce Bill to Provide Tax Relief for Small Crypto Transactions
The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax
Both federal and state tax refunds can both be converted automatically into cryptocurrency.
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The IRS currently taxes cryptocurrencies generated through staking as income,
UK Tax Regulator Updates Guidance on Staking and DeFi Lending
How proceeds from lending or staking are taxed depends on the nature of the returns, which could be hard to determine, UK's tax agency says.
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
Finance Minister Nirmala Sitharaman noted the moves during the country's annual budget speech to Parliament.
India's Crypto Industry Awaits New Budget
The challenge of regulating cryptocurrencies may mean the industry won't even be mentioned in the budget speech on Feb. 1.
