Tax reduction News

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.

Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions.

Australia now taxes crypto as property, with capital gains on swaps, DeFi and wrapped tokens, plus new ATO data sweeps targeting 1.2 million users.

Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.

Brazil scraps crypto tax exemption for small traders, enforces flat 17.5% rate across all gains, including self-custody and offshore holdings.

The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million.