Tax

Block reward miners in South Korea getting tax break under new scheme
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9 May, 2021

Block reward miners in South Korea getting tax break under new scheme

Companies involved in block reward mining may enjoy a significant tax break when South Korea’s new digital currency tax regime...
Indonesia proposes tax on digital currency transactions
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3 May, 2021

Indonesia proposes tax on digital currency transactions

The Indonesian Commodity Futures Trade Regulatory Agency has proposed a final income tax on any transaction involving a digital currency,...
Ohio lawmaker proposes bill for stricter digital currency tax reporting
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26 April, 2021

Ohio lawmaker proposes bill for stricter digital currency tax reporting

Senator Rob Portman said he hoped the bill would attract bipartisan support, as a measure for tackling the problem of...
Seoul seizes $22M from digital asset exchange accounts over back taxes
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23 April, 2021

Seoul seizes $22M from digital asset exchange accounts over back taxes

The Seoul metropolitan government said this week it had found and even seized such assets from over 600 "tax delinquents"—individuals...
South Korea pledges crackdown on money laundering via digital currencies
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23 April, 2021

South Korea pledges crackdown on money laundering via digital currencies

The South Korean government is reportedly preparing to ramp up regulation against digital currency, in a bid to more readily...
Spanish tax authorities warn of new digital currency related fines
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19 April, 2021

Spanish tax authorities warn of new digital currency related fines

The Ministerio de Hacienda said digital holdings were considered taxable income by the authorities, and that there were sizable penalties...