In brief A House hearing exposed divisions over six GOP crypto tax bills. Democrats questioned exempting staking and mining rewards from taxable income, …
Tax
-
-
The House Ways and Means Committee circulated seven draft bills ahead of this week’s hearing on crypto tax policy, signaling what the industry …
-
Crypto Mining
$23 Billion EU Crypto Tax Forecast Draws Pushback From Circle Policy Lead
by adminby adminPatrick Hansen, Circle’s EU strategy and policy lead, says the bloc’s crypto tax revenue projections may fall short. The European Commission has modeled …
-
Bitcoin Updates
Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions
by adminby adminA bipartisan group of lawmakers introduced a revised crypto tax bill Wednesday that aims to update the tax code to better address crypto …
-
Bitcoin Updates
Rep. Steven Horsford pitches PARITY Act as ‘durable floor’ for crypto tax at Consensus Miami
by adminby adminCongressman Steven Horsford told CoinDesk’s Consensus Miami conference Tuesday that his bipartisan PARITY Act is an incremental path forward in a Congress where …
-
Metaverse News
‘Not Going to Stop at Bitcoin’: Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push
by adminby adminIn brief Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, sees a tokenized money-market fund as a natural path forward for its …
-
Blockchain Technology
What if Bitcoin blocks signaled the New Year? Creating Universal Bitcoin Time but trapping holders in a tax nightmare
by adminby adminBitcoin miners produced block 929,699 on Dec. 27. What if that was the signal for a New Year’s moment, rather than our traditional …
-
Market Forecasts
Crypto Tax Crackdown Intensifies As UK Regulator Sends 65,000 Letters To Evaders — Details
by adminby adminTrusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent report, the United Kingdom tax authority …
-
Token Launches
UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains
by adminby adminThe UK tax authority has ramped up its scrutiny of crypto investors, doubling the number of warning letters sent to those suspected of …
