CoinLedger: Cryptocurrency investors will earn $887 on average in 2023
These gains are in “significant contrast” to the crypto winter of 2022, when investors realized losses of more than $7,000 on average.
JinseFinanceThese gains are in “significant contrast” to the crypto winter of 2022, when investors realized losses of more than $7,000 on average.
JinseFinanceIn a recent statement, the US Treasury Department explains that digital asset transactions will not be subjected to identical reporting requirements as cash until more precise regulations are established.
AlexRegulators are gearing up to release detailed procedures for reporting digital asset receipts, signaling a shift in crypto regulations.
ZoeyUS Treasury and IRS backtrack on $10,000 crypto transaction reporting, easing rules temporarily. Regulatory clarity sought; public input welcomed. Initial policy reversed promptly, emphasizing government responsiveness. Critics highlight challenges in crypto regulation.
Huang BoNexo partners with Koinly to simplify crypto tax reporting for users, offering tailored tax forms and integrating with over 100 jurisdictions.
YouQuanDan Finlay says he’s all in favor of the crypto industry ditching Apple’s App Store altogether, calling Apple’s 30% in-app purchase tax “an abuse of monopoly.”
decryptThe LUNC community has voted to reduce the tax burn rate from 1.2% to 0.2%.
BeincryptoLawmakers in a European country have drafted a 2023 budget that revealed a 28% tax on crypto assets held for under a year.
BeincryptoThe framework's scope will include stablecoins, crypto derivatives and certain NFTs.
CoindeskStaking is likely to become mainstream, which could prove rather costly for U.K. taxpayers.
Beincrypto