Denmark’s Tax Agency to Collect Information About Bitcoin Traders

Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared […]

» Read more

Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies

The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite reports on Jan. 14. The objective of the investigation is to assure compliance with tax and social security regulation, as the agency is reportedly worried about the use of crypto-assets […]

» Read more

‘Payments Four Times Faster Than Visa’: Network Fights Low Speeds and Threat of Lost Funds

Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many business networks around the world – inconveniencing merchants, their customers, and even the middlemen tasked with processing their transactions. Volume limitations have also frustrated retailers who may have considered turning […]

» Read more

Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes | BTCMANAGER

South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent […]

» Read more

New Amendments to French Finance Bill Would Ease Taxes for Crypto-Related Revenue

The Finance Committee of the lower house of French parliament has adopted amendments to a tax bill that ease taxes on cryptocurrency sales, daily French newspaper Le Figaro reports Wednesday, Nov. 7. The amendments adopted by Finance Committee of the National Assembly refer to a draft of the government finance […]

» Read more

Introducing the Concept of Storage Taxes in the Ethereum Ecosystem | BTCMANAGER

While cryptocurrencies witness breakthroughs with each passing day, some of the challenges being faced by the underlying blockchain technology cannot be overlooked. One such major obstacle is the issue of scalability. The lack of scalability in the major crypto blockchains, i.e., Bitcoin and Ethereum vastly limit the maximum number of […]

» Read more

Insana: US can’t afford the first tax cut, let alone Trump’s new stealth $100 billion plan for rich 

Treasury Secretary Steven Mnuchin is considering a plan to potentially cut $100 billion in taxes by indexing capital gains to inflation, a move seen as benefiting largely the rich. Last year’s huge corporate tax overhaul helped mainly corporations, and the promise of jobs and greater prosperity has been mostly unfulfilled. […]

» Read more
1 2 3 4