Tax reduction News

The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble.

The Blockchain Association urged Congress to exempt low-dollar crypto transactions and tax mining and staking rewards upon sale.

BitMine added 32,938 ETH on Tuesday, with year-end tax-loss selling and low holiday liquidity pressuring prices, according to Fundstrat’s Tom Lee.

Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%.

Spain’s Sumar party reportedly wants to raise crypto taxes to 47%, classify all digital assets as seizable and introduce a “risk traffic light” system.

Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%.

Skipping cryp to taxes can trigger hefty fines and legal issues. Find out what really happens if you fail to report or pay taxes on your holdings.

HMRC has issued 65,000 crypto tax warning letters, but experts say UK investors who haven’t been contacted could still owe taxes.

HMRC sent nearly 65,000 warning letters to crypto investors last year, more than double the previous year, as the UK steps up efforts to trace undeclared capital gains.

Senate lawmakers debated whether cryptocurrencies should have special tax exemptions to encourage everyday use and the industry's growth.

From harsh 55% taxes to a flat 20%, Japan’s crypto overhaul promises relief for investors in a bid to boost Web3 innovation.

Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies.

Bitcoin financial services firm River says private businesses have accumulated 84,000 Bitcoin in 2025 amid a year of regulatory clarity and a strong bull market.

A DeFi investor was hit with a $10.5 million tax bill after the Spanish tax agency classified a crypto-backed loan as taxable gains.

Indonesia’s Finance Ministry raised taxes for crypto miners and sellers, while exempting some crypto transactions from VAT.