As we approach 2024, Bitcoin halving the crypto assets has established a strong upward trajectory. The bullish outlook of the
Category: Cryptocurrency Taxing
Bitcoin Developers Team Up to Formulate Guidelines for BRC-20 Tokens
As Bitcoin sets another high record, the team behind the world’s largest crypto asset, has teamed up to draft the
IRS Recruits Two Professions to Support Tax Compliance in Crypto Industry
An official announcement from the US Internal Revenue Service (IRS) demonstrated that the agency will recruit new talents. The tax
Indonesia Mandates Crypto Exchanges to Comply with New Bourse Requirements
In a recent publication, the Indonesian regulators launched the first national bourse for digital assets. The newly launched bourse dubbed
Kraken to Share Customer Details with IRS as Ordered by the Court
The changes in the US regulation for crypto assets have forced key industrial players to adopt new strategies to improve
IRS and Treasury Department Introducing New Tax Reporting Approach on Crypto Assets
An official publication on the US Treasury Department website revealed that the revenue regulators’ Internal Revenue Service (IRS) plans on
Nigerian Stakeholders Considers Crypto tax as ‘Premature’
On May 28, Nigerian President Muhammadu Buhari green-lighted the Finance Act 2023, aiming to increase revenue streams, maintain fiscal transparency,
Nigeria Regulators Order Suspension of Binance Operation
An official circular issued by the Nigerian Securities and Exchange Commission on June 9 revealed that Binance failed to comply
Digital Currencies Amendments and Lawsuits in the US: Major Milestones Impacting the Crypto Sector
Congressman Davidson Cautions of Risks to American Liberties from CBDCs Could Crypto Firms Face Shockwaves from Coinbase’s US Supreme Court
Lawmakers Are Still Feeling Pressure of FTX Demise and New Regulations Are Further Delayed
FTX, once amongst the world’s biggest cryptocurrency exchanges going bankrupt, was the world’s biggest crypto news. This single incident has