Beware Australian Crypto Traders, ATO Audit Warnings Are Coming
The Australian Taxation Office (ATO) is contacting up to 350,000 individuals to ‘remind’ them of their obligation to report crypto gains. At this stage the campaign is...
Russian Police Seize 22 Bitcoin ATMs in Countrywide Crackdown
Could the abrupt and unannounced seizure of 22 Bitcoin ATMs spread across nine Russian cities signal the start of a wider crackdown on crypto-commerce? Illegal Search and Seizure of...
Norway: Crypto Miners See Millions in Profits, Tax Office Sends Reminder
Tax authorities in Norway have urged diligence when reporting cryptocurrency profits after news emerged that two miners paid just 74,000 kronor ($8750) in tax on reported holdings of...
India Seeks 18% Tax On Cryptocurrency Sales In Potential Legitimacy Push
India is considering applying a tax to cryptocurrency trading in a move which could mark a step towards its legitimacy in the country. Crypto Could Become ‘Intangible...
Russia: Gov’t Demands Major Revisions To Proposed Cryptocurrency Laws
The Russian government has demanded lawmakers make several alterations to the country’s forthcoming cryptocurrency regulation before it becomes law in July. Tax, Foreign Investment...
Alleged Suspicious Activities Lead to the Suspension of Top Indian Exchanges
Even though India is straddling the regulation fence when it comes to cryptocurrencies, the country’s major banks have taken the decision to temporarily close the accounts of a few...
Belgian Government Aims To Prevent Bitcoin Money Laundering
According to a recent article in Belgian newspaper De Morgen, the government is setting plans in motion to target money laundering actions in Bitcoin. Similarly to any type of payment...
P2P Car Rental Service CarAmigo Reaches Taxation Agreement With Belgian Government
In a surprising turn of events, peer-to-peer car rental platform CarAmigo has reached an agreement with the Belgian government regarding the taxation of this service for the car owners...