News
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.
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Taxes News
It is hard to define cryptocurrency taxes, because there is a lot of controversy surrounding it today. Society still has no consensus even on whether digital currencies are a property or a currency, and that triggers a huge difference in taxation procedure. The speed of exchange rate flows makes it impossible to establish a taxation time period equally suitable for everyone. Also, there are a lot of cryptocurrencies that were particularly designed to protect user’s anonymity and their protocols wouldn’t allow any government to tax it.
As cryptocurrency market is growing, and its sheer dollar value makes it more likely to catch an attention of regulators. Cryptocurrencies are also a great way of money laundering, so no government will be able to ignore the subject. Today there are a lot of news about new cryptocurrency taxes laws and it looks like there will be more over time.
- News
The chair of Ukraine’s securities regulator, Ruslan Magomedov, says it made the crypto tax framework for lawmakers to make informed decisions on the various options.
5331 - Market Update
Bitcoin rallied for a second day as spot volumes soared, but geopolitics and a global tariff war could put a lid on BTC’s price upside.
5972 - How to
To simplify filing crypto taxes in the US, you need a 2024–2025 tax year guide that covers IRS regulations, taxable events, forms and tips to simplify your reporting.
1729 - News
Crypto industry professionals say US regulation must clarify banking and stablecoins before focusing on taxes, as Trump-backed reforms push crypto into the spotlight.
62981 - How to
To buy Bitcoin in Australia, you can use CEXs, DEXs, P2P platforms, Bitcoin ATMs or Bitcoin ETFs available on the stock exchange.
5190 - News
US President Donald Trump is expected to sign off on a resolution undoing a rule that requires DeFi protocols to report to US tax authorities.
6585 - Market Analysis
GameStop looks set to join the Bitcoin treasury party alongside Strategy, Metaplanet and MARA. Will this help BTC rise back above six figures?
6875 - Market Analysis
Bitcoin holds the steady near $85,000 as the Coinbase Premium returns and positive comments from the Fed and President Trump add to traders' confidence.
8413 - Opinion
As Bitcoin’s value surges, tax agencies are ramping up efforts to track crypto transactions, leaving no room for complacency.
18360 - News
Crypto executives are still waiting for detailed guidance from the White House on issues like securities regulation and taxation.
11660 - Analysis
As Nigeria grapples with economic challenges, the government is set to introduce a tax on cryptocurrency transactions. This move appears to be an effort to tap into the burgeoning digital economy and the informal sector.
2669 - News
Japan’s Liberal Democracy Party takes a proactive approach to crypto regulations as the country softens its stance toward digital assets.
11977 - News
Spring is almost here, which means it’s time for crypto investors to pay the piper — the IRS. Taxbit’s Miles Fuller tells The Agenda how Trump and DOGE are shaking up regulation.
4216 - How to
In Canada, you can buy Bitcoin on centralized exchanges, decentralized exchanges, Bitcoin ATMs and other options. You can also buy Bitcoin ETFs.
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