Vietnam’s Ministry of Finance has proposed a 0.1% tax on turnover for each crypto-asset transfer conducted through platforms operated by licensed service providers, under a draft circular released for public consultation, The Hanoi Times reported. Under the draft framework, crypto-asset transfers and trading would be… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged crypto, crypto tax, vietnam
The European Commission has stepped up enforcement of its crypto-asset regulatory framework, opening infringement procedures against 13 member states over failures to implement or comply with new European Union rules governing crypto-asset taxation and markets. In its latest package of infringement decisions, the European Commission… Read More
Read more in: Politics, Legal & Regulation, Blockchain & Digital Assets, Global | Tagged crypto tax, European Comission, european union, hungary
Governments are accelerating coordinated oversight of cryptocurrency markets as a new international reporting regime takes hold, signalling tighter tax enforcement and pushing digital assets closer to mainstream financial regulation, the Financial Times reported. According to the report, 48 jurisdictions have committed to begin their first… Read More
Read more in: Global, Politics, Legal & Regulation | Tagged crypto tax, cryptocurrency, oecd
South Korea’s main opposition Democratic Party of Korea (DPK) agreed on Sunday to postpone the implementation of a controversial cryptocurrency tax by two years, responding to mounting investor backlash and political pressure. The decision mirrors the party’s move a month earlier to scrap a planned… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged crypto tax, cryptocurrency, south korea
Ledgible, the professional-first crypto tax and accounting platform, recently announced $20 million in funding for its Series A Round led by EJF Capital LLC through its affiliate, the EJF Silvergate Ventures Fund. Joining the investment round are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged accounting, crypto tax, investment round, kell canty, tamara steffens, thomson reuters ventures
Lukka, a blockchain software and data services company, announced on Friday it has been selected by RSM, a provider of audit, tax and accounting services focused on the middle market, to provide crypto tax software solutions to the firm’s tax clients. Through the partnership, Lukka… Read More
Read more in: Blockchain & Digital Assets, Fintech, General News | Tagged accounting, crypto tax, cryptocurrency, lukka, rsm, software
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