Tax

Policy · 5 days ago House Committee Advances Digital Asset Tax Certainty Act with Key Provisions for Crypto The House Ways and Means Committee has approved the Digital Asset Tax Certainty Act, marking a significant step towards clearer tax regulations for cryptocurrencies, though some industry concerns remain unaddressed.

Policy · 6 days ago Congress Considers Crypto Tax Exemption and Bitcoin Reserve Legislation Congress is debating two significant cryptocurrency bills, one proposing a tax exemption for small digital-asset transactions and another to establish a U.S. Strategic Bitcoin Reserve.

Custody · 1 week ago New Crypto Tax Bill Introduced in House with Key Exemptions and Provisions House lawmakers have introduced the Digital Asset Tax Certainty Act, which includes a $10 exemption for blockchain transaction fees and clarifies tax treatment for mining and staking rewards.

Policy · 1 week ago House Republicans Consider Removing Crypto Tax Provisions from Key Legislation House Republicans are contemplating the removal of tax provisions for crypto mining and staking rewards from the Tax Clarity for Mining and Staking Act, potentially altering its legislative trajectory.

Mining · 1 week ago US House Ways and Means Committee to Discuss Crypto Tax Legislation on September 16 The US House Ways and Means Committee will hold a markup on September 16 to discuss new tax rules for digital assets, focusing on miner tax liabilities and wash-sale regulations.

Policy · 1 week ago Germany to Implement 25% Tax on Crypto Gains Starting in 2027 Germany's Finance Ministry plans to introduce a 25% tax on cryptocurrency gains from 2027, ending the current tax-free holding period for investors.

Compliance · 2 weeks ago California Man Arrested in Arizona for $37.9 Million Loan Fraud Scheme Rodney Rosenstein, a California resident, has been detained in Arizona for allegedly orchestrating a $37.9 million loan fraud scheme involving pandemic relief funds and commercial loans.

Macro · 2 weeks ago Chainalysis Reports Over 90% Tax Non-Compliance in French Crypto Market A Chainalysis report reveals that France's crypto tax non-compliance may exceed 90%, with only €368 million reported against an estimated $9.4 billion in taxable activity for 2025.

Adoption · 2 weeks ago Connecticut Bookkeeper Admits to Embezzling Over $750,000 from Law Firm A bookkeeper from a Connecticut law firm has pleaded guilty to embezzling over $750,000 through fraudulent checks and rental cash theft.

Spot & ETFs · 2 weeks ago Crypto Council Advocates for Streamlined ETP Approvals with SEC The Crypto Council for Innovation urges the SEC to modernize its regulatory framework for exchange-traded products, proposing efficiencies similar to those available for ETFs.

Custody · 3 weeks ago Texas Loan Broker Sentenced for $10 Million Fraud Scheme Involving Forged Documents Kwanghee Ahn, a Dallas loan broker, has been sentenced to 58 months in prison for her role in a fraudulent scheme that secured over $10 million in loans using forged IRS documents.

Markets · 4 weeks ago Tax Implications for Bitcoin Holders Leaving Countries Like Canada and Australia Bitcoin holders in Canada, Australia, and the UK face new tax liabilities when leaving their countries, as tax residency now triggers capital gains tax on unrealized gains.

Companies · 1 month ago UK Tax Authority Issues Over 81,000 Warning Letters to Crypto Holders for Unpaid Taxes The UK tax authority has sent more than 81,000 warning letters to cryptocurrency holders suspected of owing taxes, a significant increase from the previous year.

Spot & ETFs · 1 month ago Japan Advances Crypto Regulation, Paving Way for Future Bitcoin ETFs Japan's recent legislative changes aim to reclassify crypto assets under financial law, potentially enabling future Bitcoin ETFs. However, the timeline for actual approval remains uncertain.

Hacks & Exploits · 1 month ago Former Postal Inspector Charged in $340,000 Theft from Elderly Victims A former U.S. postal inspector has been charged with stealing over $340,000 from elderly victims of lottery fraud schemes. Scott Kelley exploited his position to pilfer cash from packages intended for vulnerable individuals.