The initiative is part of Prime Minister Rishi Sunak’s plans to turn the country into a crypto hub
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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
Crypto regulations
Dec 1, 2022
Italy proposes to impose a 26% tax on gains from cryptocurrenciesThe rate will apply to amounts of income exceeding €2000
Crypto regulations
Oct 11, 2022
OECD develops an international taxation system for digital assetsStablecoins, crypto derivatives, and some NFTs will be supervised by the organization
Crypto regulations
Oct 11, 2022
Portugal to impose a 28% tax on gains from cryptocurrenciesThe fee will be charged for gains on assets held for less than one year
Crypto regulations
Oct 4, 2022
EU votes to modernize taxation with blockchainThe European Commission has yet to clearly define possible taxable events
Incidents
Sep 24, 2022
Brazilian police raids six crypto exchangesLaw enforcers ordered the freezing of the suspects’ assets totaling $238 million
Incidents
Sep 22, 2022
South Korean authorities recover from tax debtors $184 million in cryptocurrencyThe largest recovery from a defaulter was more than $8 million
Crypto regulations
Sep 1, 2022
Japan’s regulator proposes to ease taxation of crypto companiesThe easing of the rules is aimed at implementing the concept of “New Capitalism” from Japanese Prime Minister Fumio Kishida
Incidents
Sep 1, 2022
Michael Saylor accused of failing to pay $25 million in taxesA lawsuit against the founder of MicroStrategy was filed by the Attorney General of Washington
Crypto regulations
Aug 26, 2022
Japan to revise taxation to attract crypto startupsThe authorities allowed capital gains tax to be removed for unrealized corporate digital assets
Crypto regulations
Aug 22, 2022
South Korea imposes tax on tokens received in airdropsThe recipient of free assets must file such profits on the tax return within three months, according to a local outlet