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Tax

IRS mandates increased personal information for digital asset transactions under new rules
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4 January, 2024

IRS mandates increased personal information for digital asset transactions under new rules

Many brokers are expected to have difficulty complying with the IRS' new tax rules, which took effect on January 1,...
From ban to regulations, India’s digital asset-blockchain story has come a long way
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29 December, 2023

From ban to regulations, India’s digital asset-blockchain story has come a long way

With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward safeguarding the...
Brazil targets $4B in taxes from digital assets stored overseas
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19 December, 2023

Brazil targets $4B in taxes from digital assets stored overseas

A new bill signed into law by President Luiz Inácio Lula da Silva will require income from assets held by...
Kenyan lawmakers back digital asset taxation bill
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11 December, 2023

Kenyan lawmakers back digital asset taxation bill

The bill which received the backing of the finance committee in the Kenyan parliament categorizes digital assets as securities and...
Turkey weighs digital asset regulations to curb ‘system abuse’: report
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28 November, 2023

Turkey weighs digital asset regulations to curb ‘system abuse’: report

As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to...
Australia imposes capital gains tax on DeFi, wrapped tokens
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20 November, 2023

Australia imposes capital gains tax on DeFi, wrapped tokens

Australia has updated its tax guidance to include any interaction with decentralized lending platforms, liquidity pools and providers, and wrapped...
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