Report: Crypto Exchanges in India Lose Billions Due to Tax Regulations
Between February 2022 and October 2022, Rs 32,000 crore was transferred from domestic to foreign exchange in crypto, as a result of the imposition a...
Tag : Crypto tax
The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO
Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...
Taxation on all cryptocurrency transactions to be waived for the next two years in South Korea
South Korean digital asset owners can rejoice because the government has declared that all taxes on blockchain transactions will be waived until January 2025. The...
Kazakhstan president signs law increasing crypto miners’ tax burden
Tax rates for cryptocurrency miners have been raised after President Kassym-Jomart Tokayev’s signing of a measure modifying Kazakhstan’s Tax Code. The fee will be calculated...
Portugal Does Not Levy Taxes on Cryptocurrency Capital Gains
Well-known bitcoin news Twitter account Bitcoin Archive recently tweeted and shared that bitcoin capital gains are not taxed in Portugal. #Bitcoin capital gains are not...
South Korea Will Raise Threshold of Its Cryptocurrency Tax
Leading crypto Twitter page Watcher Guru tweeted breaking news that South Korea is planning to raise its tax threshold on cryptocurrency from $2000 to $40000....
WazirX, Has Relocated its Base to Dubai, Citing Indian Heavy Tax Laws
WazirX, the largest cryptocurrency exchange in India, is said to have relocated to Dubai from its previous location in the country. A leading crypto-based Twitter...
Indonesia will begin taxing cryptocurrency transactions next month
Indonesia seeks to tax cryptocurrency transactions (VAT) and capital gains from cryptocurrency investments (income tax) because of the recent growth in crypto trading. On April...
6 Ways to Reduce Your Crypto Tax Liability
Are you losing a chunk of your cryptocurrency gains to taxes? Maybe you traded one cryptocurrency to another at just the right moment and withdrew...
Cryptocurrency News | Japan’s Lawmaker Lays Four Amendments for Crypto Taxes
A Japanese legislator recently suggested a few changes to the present taxation rule to reduce the burden for crypto users and stimulate the adoption of...