Venezuela’s Petro just got even more ridiculous
Although the Petro still has no clear definition, users of the crypto are going to have to dig deeper into their digital wallets, as the country is imposing a significant tax on all transactions.
Although the Petro still has no clear definition, users of the crypto are going to have to dig deeper into their digital wallets, as the country is imposing a significant tax on all transactions.
Around the world, cryptocurrency taxation is beginning to gain favor, despite attempts by many governments to suppress widespread adoption of digital assets.
Ohio may have been the first state in the U.S. to legalize cryptocurrencies for tax purposes, but that was just the beginning. Since making the move last November.
Ohio may soon not be the only state in the U.S. to allow taxes to be paid in cryptocurrencies. A new bill would allow all of New Hampshire’s state-level agencies to receive crypto, including the taxman.