#Tax

Highlights: Digital Chamber sued Illinois to block a 0.2% tax on certain digital asset business activities. The group argues the law unfairly taxes blockchain transactions while comparable traditional finance activity remains untaxed. The tax begins January 1, 2027, unless the […]

Highlights: Italian investigators traced a Bitcoin Ordinals tax fraud scheme worth over €1 million. Chainalysis said a seized Ledger wallet helped connect many Bitcoin addresses together. Exchange records helped authorities link complex Bitcoin activity to a real-world suspect. Italian investigators […]

Highlights: Australia’s reported CGT reform may change how long-term crypto profits are taxed. The plan would replace the 50% discount with an inflation-based tax method. Critics say the changes could affect investment in businesses, shares, housing, and crypto. Australia is […]

Highlights: South Korea will tax virtual asset gains from January 1, 2027. Gains above 2.5 million won will face a combined 22% rate. Critics want capital gains treatment and loss carryforwards before the rollout. South Korea has confirmed that taxation […]

Highlights: A new proposed bill would repeal South Korea’s planned 22% virtual asset taxation. The People Power Party said crypto investors deserve equal treatment after the stock tax repeal. The Democratic Party responded by saying it will review the bill. […]

Highlights: The European Commission has warned twelve EU countries for not applying crypto tax rules. These nations have been given two months to fix the gaps or face legal action. The new directive requires exchanges to share transaction data to […]

Highlights: Hong Kong has started issuing stablecoin licenses, and applications are being checked now. Christopher Hui said full rules for virtual assets will come this year. By 2028, cross-border tax reporting will make crypto transactions more transparent. Hong Kong has […]

Highlights: Pierre Rochard emphasizes U.S. tax rules remain the main barrier to daily Bitcoin payments. He argues that low‑tax regions show faster Bitcoin growth compared to high‑tax markets. Lawmakers continue debating crypto tax relief, shaping future rules for digital asset […]

Highlights: The Nigerian federal government has introduced mandatory crypto transaction reporting systems. The government also plans to tax digital assets as part of efforts to salvage its economy. Crypto wallet handlers must submit either a TIN or an NIN under […]

Highlights: Colombia has tightened crypto oversight with new rules that mandate compulsory reporting of crypto activities. The South American nation aims to meet global crypto regulatory standards with the new regulations. Authorities emphasized a narrow margin for errors, and defaulters […]

Highlights: Indian tax teams warn that poor crypto tracking may reduce government revenue. FIU and the tax department share data to catch undeclared crypto income early. Crypto demand grows in India despite 30% tax and unclear long-term rules. India’s income […]

Highlights: California wants to tax billionaires 5% to fund healthcare and social programs. Crypto leaders warn the tax could make rich people leave the state. Experts say similar taxes in other countries failed and hurt the economy. California’s proposed 2026 […]