Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” ...
Tag: Tax
Oklahoma Governor Signs Bill Exempting Sales Tax for Bitcoin Mining
The Oklahoma Governor signed a bill exempting particular taxes for bitcoin mining. America has expressed its aim to become a ...
‘Bitcoin Jesus’ charged with tax fraud and arrested in Spain
Early Bitcoin investor has been arrested in Spain over this weekend for alleged tax evasion charges in the United States ...
Crypto Folk Are Generous! (And Also Love Tax Breaks)
TL;DRFull StoryWe love ending our week with some feel-good-news…Top US charities are accepting cryptocurrency for donations and are finding major ...
Riot Exec Explains Reality Behind President Biden’s 30% Crypto Mining Tax
The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President ...
Kyrgyzstan reports surge in tax revenue from crypto mining
Kyrgyzstan, a nation with abundant untapped hydroelectric capacity, has seen a significant increase in tax revenue from cryptocurrency mining in ...
NFT tax loss harvesting spikes as year-end deadline approaches
As the year's end approaches, NFT traders are finally finding a use for the worthless tokens in their wallets: selling ...
Got ‘Worthless’ NFTs? This Startup Buys JPEGs for a Penny to Harvest Tax Losses
For the overwhelming majority of NFTs, the brutal bear market of the last two years wasn't just a phase: Some ...
Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
The Australian Taxation Office has clarified its position that capital gains tax on crypto products also extends to wrapped tokens ...
IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
The Internal Revenue Service hearing today will draw views from the crypto industry on what threats digital asset proponents see ...
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