February 19, 2021

Switzerland’s “Crypto Valley” Has Started Accepting Bitcoin, Ether for Tax Payments

In 2020, the Swiss authorities stated that, from February, citizens and companies based in Zug will be able to pay up to 100,000 CHF (around $111,300) […]
February 7, 2021

Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud

The scheme involved soliciting investments in binary options and cryptocurrency mining, the U.S. Department of Justice claimed.  The binary options were advertised as “an average payout […]
February 4, 2021

South Africa’s Tax Agency Is Clamping Down on Crypto Users: Repor

SARS has sent the requests to a number of taxpayers who, in turn, contacted professional tax services firm Tax Consulting South Africa, reported local IT news […]
January 4, 2021

IRS to transition from ‘education to enforcement,’ says former division chief

In an article co-authored by Don Fort, the former chief of the Internal Revenue Service’s (IRS) criminal investigation division stated that while the agency until now […]
December 29, 2020

India ponders Bitcoin tax law to target $5B market

According to the Times of India, the ministry’s Central Economic Intelligence Bureau (CEIB), lately submitted a draft document that proposes levying an 18% goods and services […]
December 26, 2020

Israeli tax authorities Inform cryptocurrency owners regarding their holdings for tax purposes

Israeli media speculation that tax assessors around the country were exerting “pressure on the digital currency market” followed news of the notifications and inquiries submitted by […]
December 1, 2020

South Korea delays new tax regime on cryptocurrencies until 2022

According to Yonhap on Dec. 01, the planning and finance committee of South Korea’s national assembly passed amendments to the country’s tax laws wherein a new […]
November 27, 2020

Russia’s prime minister proposes legal steps to bring order to crypto market

Russian prime minister Mikhail Mishustin has appeared to declare support for the further development of the local cryptocurrency market. According to cointelegraph, during a meeting on […]
November 27, 2020

OECD tax director: international crypto tax standards are coming in 2021

As reported by cointelegraph, Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has emphasized that the 37-nation organization will introduce a […]