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Tax

India’s exchanges face consolidation in 2025 due to harsh taxation
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8 January, 2025

India’s exchanges face consolidation in 2025 due to harsh taxation

With India remaining skeptical toward digital currencies, the exchanges' clamor for tax relief isn't guaranteed, with industry players projecting intensified...
Indonesia handover digital currency oversight to financial watchdog
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8 January, 2025

Indonesia handover digital currency oversight to financial watchdog

A new law adopted by Indonesia’s parliament mandates the Trade Ministry to hand over digital currency oversight to the Financial...
IRS issues new digital asset tax rules; industry groups sue
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2 January, 2025

IRS issues new digital asset tax rules; industry groups sue

The new IRS rules will take effect in 2027, but brokers must begin collecting and reporting the necessary data for...
2024 sees favorable rulings for digital assets in India
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30 December, 2024

2024 sees favorable rulings for digital assets in India

Digital asset exchanges in India have been increasingly complying with new regulatory demands in 2024 as the nation's strong economic...
Ukraine lost $200M in taxes from ‘crypto’ exchanges: report
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24 December, 2024

Ukraine lost $200M in taxes from ‘crypto’ exchanges: report

Global Ledger estimates that since 2021, Ukrainian exchanges accounted for 2.5% of global ‘crypto’ traffic, made $1.12 billion, and should...
Czech Republic to exempt ‘crypto’ capital gains tax in new law
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16 December, 2024

Czech Republic to exempt ‘crypto’ capital gains tax in new law

The exemption by Czech lawmakers only applies to digital assets held for more than three years and whose overall transaction...
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