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tax

Japan removes tax on ‘paper profits’ for digital token issuers
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27 June, 2023

Japan removes tax on ‘paper profits’ for digital token issuers

Under the old tax rules, companies that issued and held their own digital tokens in Japan were subjected to 30-35%...
Nigeria’s 10% digital asset tax gets mixed reactions
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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...
OECD rolls out new tax standards for digital currencies and CBDCs
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14 June, 2023

OECD rolls out new tax standards for digital currencies and CBDCs

Dubbed the Crypto-Asset Reporting Framework, the new tax reporting standard by the Organization for Economic Cooperation and Development received input...
Hostile mining bill on hold until 2025 as Texas concludes legislative session
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2 June, 2023

Hostile mining bill on hold until 2025 as Texas concludes legislative session

Bill 1751 seeks to slash the tax breaks BTC miners enjoy in Texas, while bill 1666 wants exchanges to hold...
Metamask reserves right to withhold taxes—What’s going on?
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24 May, 2023

Metamask reserves right to withhold taxes—What’s going on?

ConsenSys, the company behind Metamask, clarified that it did not mean it would withhold taxes on digital currency transactions as...
EU to extend tax data-sharing rules to digital assets
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15 May, 2023

EU to extend tax data-sharing rules to digital assets

Under the proposed DAC8, entities and individuals seeking to provide digital asset services in the EU would be mandated to...
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