CoinTracker raises $100 million in Series A led by Accel and other investors
CoinTracker, a platform for managing cryptocurrency investments and generating tax reporting, raised $100 million in a Series A round led by Accel.
CoinTracker raises $100 million in Series A led by Accel and other investors
CoinTracker, a platform for managing cryptocurrency investments and generating tax reporting, raised $100 million in a Series A round led by Accel.
Thailand urged a measured approach to cryptocurrency taxation
Thai authorities should exercise due caution before imposing any taxes on cryptocurrency transactions, said Watanya Wongopasi, a representative of the Democratic Party.
NFT Investors Draw IRS Attention
A market for NFT valued at about $44 billion by Chainalysis has attracted the attention of the U.S. Internal Revenue Service (IRS). Officials aim to identify among those connected with these assets anyone evading obligations, Bloomberg reports.
India accuses Binance-owned WazirX of tax evasion
Indian authorities have identified a violation of tax law by the cryptocurrency exchange WazirX, owned by Binance. This is stated in a press release.
Near Rostov, customs officers discovered 10 undeclared Bitcoin miners
Inspectors at the Matveyev Kurgan border post did not allow undeclared cryptocurrency-mining devices to cross the border.
US Senators urge Treasury to clarify the status of crypto brokers
As US senators urged Treasury Secretary Janet Yellen by the end of 2021 to provide informal guidance or information regarding the reporting requirements for crypto industry 'brokers' after the infrastructure plan was enacted.
South Korea delays tax on Bitcoin traders
The National Assembly of South Korea passed an amendment to the legislation that would introduce cryptocurrency taxation from 1 January 2023. CoinDesk reports.
UK to apply 2% digital services tax to bitcoin exchanges
The United Kingdom's HM Revenue & Customs (HMRC) has required licensed cryptocurrency exchanges to pay the digital services tax at 2%. Platform users may face higher fees, CryptoUK, the self-regulatory body, warned The Telegraph reports.
South Korea Hints at NFT Tax
South Korea's financial regulator signaled possible taxation of NFT transactions, sending a mixed signal to the market, The Korea Herald reports.
Russia to Introduce Liability for Illicit Circulation of Digital Assets
The Bank of Russia proposes to introduce liability for illicit circulation of digital financial assets (DFA) and to establish a framework for taxing operations with them.We use cookies to improve the quality of our service.
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