Italy is pushing for a major increase in its capital gains tax on cryptocurrencies like Bitcoin, from the current 26% to 42%, marking a nearly 62% hike. The proposal, announced by Deputy Economy Minister Maurizio Leo at a recent press conference on the 2025 budget, is part of a sweeping initiative to bolster the national…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Australia's Treasury has initiated a public consultation to gather feedback on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). This effort aims to bolster tax transparency and counter global tax evasion as cryptocurrency adoption grows. The consultation, launched on Nov. 21, invites input on two potential approaches: directly integrating the…
DAOs are believed to be the most efficient and important coordination tool for businesses and other organizations nowadays. In the first part of this article, we talked about the many benefits we saw during 2021, but like in any innovation, there are worries about what it might all mean in the future. Related Reading | What DAOs…
The Czech Republic is making waves in the crypto world by announcing a groundbreaking policy: Bitcoin held for over three years will now be exempt from capital gains tax. This bold initiative underscores the country’s ambition to position itself as a hub for innovation and entrepreneurship in the digital age. Key Goals of the Policy…
In the wake of a significant shift in crypto regulation spurred by the new White House administration under President Donald Trump, lawmakers are working on a fresh tax framework aimed at providing clarity and a safe harbor for certain transactions involving stablecoins. Proposed Crypto Tax Framework Representatives Max Miller from Ohio and Steven Horsford from…
The majority of crypto customers still don’t understand how crypto is taxed, mistakenly believing simple transfers trigger tax events. Related Reading Well intended crypto-tax confusion Although most crypto investors intend to comply with tax law, major confusion reigns amongst traders about cost basis, taxable events and evolving IRS regulations, Coinbase’s new 2026 Crypto Tax Readiness…