• Market Cap: $266b

  • May 30, 2020

South Korea Aims to Introduce Taxation Laws On Crypto Transactions 'Early Next Year'

South Korea’s lawmakers discussed efforts to accelerate the formation of regulation surrounding the taxation of cryptocurrency payments. The draft legislation on the crypto payments bill is expected to be completed in the next 6 t...

The US GAO Recommends The IRS Update Its Virtual Currencies Taxation Guidelines

The U.S Government Accountability Office (GAO) gave its recommendations on how the Internal Revenue Service (IRS) can enhance the tax compliance on cryptocurrencies and other digital assets.

Florida Tax Collector to Accept Cryptos for Payments

Seminole County Tax Collector, Joel Greenberg has announced the acceptance of Bitcoins for tax payments.

Azerbaijan Announces Tax on Cryptocurrency Income and Profits

A high ranking official in the Tax Ministry of Azerbaijan has stated that Azerbaijan plans to tax personal income and corporate profits on cryptocurrencies

Arizona Bill Enabling Crypto Owners to Pay Their Taxes in Bitcoins Passed By House Committee!

Crypto owners in Arizona will soon be able to pay their taxes with bitcoins and other similar cryptocurrencies as Senate Bill 1091 gets passed by House Committee!

South Africa's SARS Explains Cryptocurrency Tax Laws - Urges Citizens To Pay Taxes on Crypto-Earnings

South Africas Revenue Services (SARS) explains cryptocurrency tax laws in the nation - urges citizens to pay taxes on the profit that they make on cryptocurrency earnings.

Easily Calculate Your Bitcoin Profits and Losses Using Bitpay’s Tools For The Tax Season

With the tax season hitting a fever pitch, these tools from BitPay would help all BitPay users easily file their Bitcoin profits and losses as well as view their accounting details.

Spain's Tax Agency Seek Names and Bank Account Details of Crypto Users

Tax agency of Spain has contacted 16 banks, more than 40 businesses that accept online crypto payments and other crypto exchanges operating cryptocurrency ATM.

Germany Will Not Tax Cryptocurrency Payments

With their newly introduced tax laws, Germany will now treat cryptocurrencies (for tax purposes) as an equivalent to legal tender. This means that cryptocurrency payments are no longer taxable!