Thailand SEC Allows Accredited Investors to Access US Spot Bitcoin ETFs
The financial regulators of Thailand have made some important changes in their ETF trading laws. As per these regulations, local investors are allowed exposure into...
Spanish Treasury Plans to Pay Tax Debts by Seizing Crypto Assets
The Finance Minister’s office in Spain has announced tax reforms. The taxation policy amendments are geared towards granting financial firms the power to collect taxes...
Virginia State Proposes Bill to Protect Crypto Mining Rights
The legislators in Virginia have introduced a new bill to define rights for blockchain miners. The bill also deals with the matter of providing tax incentives...
Canada Proposes New Changes in Crypto Investment Fund Requirements
Canadian Securities Administrators (CSA) is preparing a regulatory framework for crypto-based investment funds. The regulatory document will cover aspects such as custodianship and legal allocation...
IRS Postpones Enforcing Crypto Tax Rules, Exempts Over $10k Transactions from Tax Obligations
The US Internal Revenue Service (IRS), in an announcement on Tuesday, January 16, confirmed the suspension of the enforcement of tax rules obligating businesses to...
US Internal Revenue Service Hails Win Against Fraudulent Crypto Schemes
The US criminal investigation unit of the Internal Revenue Service (IRS) has, in its annual report card, hailed triumph over fraudulent tax schemes. The IRS...
Coinbase VP Warns Taxing DeFi is Impractical
Tax vice president at US leading crypto exchange Coinbase, Lawrence Zlatkin, warned that implementing the proposal to change the taxation rule targeting decentralized finance is...
Bitcoin Donation Firm Supports Paperwork Reduction for Gifted Crypto
The firm maintains that it is absurd to demand an assessment of donations made in dollar-pegged stablecoins, for instance, USDT or USDC. On Friday, ‘The...
Coinbase Commits to Stay in US Despite Legal Uncertainty
Coinbase Exchange is currently facing a lawsuit from the Securities and Exchange Commission. The lawsuit was initiated on 6th June alleging the exchange of dealing...
Japanese Commercial Sector Asks Government to Amend Crypto Laws
The blockchain association of Japan has recently issued a new charter of demand from the government regulators. The association comprises of biggest companies from the...