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Crypto regulations
Apr 14, 2023
Russia’s Taxation Service starts checking Russians’ cryptocurrency incomesRequests are received by individuals who made transactions in 2021-2022 and filed 3-PIT returns
Incidents
Apr 11, 2023
Bitmain fined $3,7 million for tax violations in ChinaThe mining company did not pay personal income tax
Market
Apr 6, 2023
More than 99% of crypto traders have not paid taxes for 2022Divly’s study showed that the highest level of tax payments on cryptocurrencies is in Finland and the lowest in the Philippines
Crypto regulations
Mar 31, 2023
Denmark will impose tax on profits from the sale of bitcoinsThe decision is due to the speculative nature of the first cryptocurrency
Crypto regulations
Mar 29, 2023
Belarus extends tax incentives for the crypto industry until 2025The presidential decree obliges the leadership of the High-Tech Park to develop a concept for the development of the token sphere by July of next year
Crypto regulations
Mar 15, 2023
UK will require citizens to declare income from cryptocurrenciesThe move is expected to bring an additional $12 million to the state budget in 2025
Mining
Mar 10, 2023
US President calls for 30% tax on electricity for minersIf the proposal is approved, the rate will be raised in stages over three years at 10% per year
Politics
Mar 9, 2023
WSJ learns of Biden’s plans to change the taxation of cryptocurrenciesThe measure should bring the US budget an additional $24 billion
Crypto regulations
Jan 25, 2023
Russia’s Ministry of Finance supports the tax rate for miners in the amount of 7-20%At the moment, the deputies are discussing various taxation options — from the UTII to the income tax
Crypto regulations
Jan 24, 2023
US Internal Revenue Service makes it compulsory to pay tax on profits from stakingIn addition, taxpayers will have to pay part of the profits from airdrops, hard forks, and mining
Crypto regulations
Jan 3, 2023
UK imposes tax breaks on crypto assets for foreignersThe initiative is part of Prime Minister Rishi Sunak’s plans to turn the country into a crypto hub
Crypto regulations
Dec 8, 2022
European Commission proposes to oblige crypto companies to disclose data on client transactionsIf approved by the European Parliament and the European Council, the new rules will affect all firms and may come into force on January 1, 2026