Tax obligations within the crypto industry can be daunting. Miles Fuller, Senior Director of Government Solutions at TaxBit, recently touched on the element surrounding crypto taxation and its implications. As the crypto market grows, so do the regulatory frameworks surrounding…
Rising Crypto Tax Violations in Japan: Findings, Factors, and Calls for Reform
In a recent announcement, the Japanese National Tax Agency (NTA) disclosed that it has intensified its efforts to investigate and address tax violations related to cryptocurrencies. The NTA’s annual report on tax investigations revealed a surge in the number of…
Senator Warren Grills US Gov’t Over 2-Year Delay on Crypto Tax Rules
Senator Elizabeth Warren has articulated her apprehensions and reservations regarding the decision by the US government to delay the implementation of crucial crypto tax rules until 2026. In a detailed and strongly worded letter addressed to both Janet Yellen, the…
2 New Hampshire Lawmakers Push Bill to Allow Crypto Tax Payments
2 New Hampshire lawmakers presented a bill on the floor of the house this month that if passed would allow state level agencies accept crypto-currencies as payment; this will include state’s tax office. Michael Yakubovich and Dennis Action, both New…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
