Tax

Highlights: A new proposed bill would repeal South Korea’s planned 22% virtual asset taxation. The People Power Party said crypto investors deserve equal treatment after the stock tax repeal. The Democratic Party responded by saying it will review the bill. […]

Highlights: The European Commission has warned twelve EU countries for not applying crypto tax rules. These nations have been given two months to fix the gaps or face legal action. The new directive requires exchanges to share transaction data to […]

Highlights: Hong Kong has started issuing stablecoin licenses, and applications are being checked now. Christopher Hui said full rules for virtual assets will come this year. By 2028, cross-border tax reporting will make crypto transactions more transparent. Hong Kong has […]

Highlights: Pierre Rochard emphasizes U.S. tax rules remain the main barrier to daily Bitcoin payments. He argues that low‑tax regions show faster Bitcoin growth compared to high‑tax markets. Lawmakers continue debating crypto tax relief, shaping future rules for digital asset […]

Highlights: The Nigerian federal government has introduced mandatory crypto transaction reporting systems. The government also plans to tax digital assets as part of efforts to salvage its economy. Crypto wallet handlers must submit either a TIN or an NIN under […]

Highlights: Colombia has tightened crypto oversight with new rules that mandate compulsory reporting of crypto activities. The South American nation aims to meet global crypto regulatory standards with the new regulations. Authorities emphasized a narrow margin for errors, and defaulters […]

Highlights: Indian tax teams warn that poor crypto tracking may reduce government revenue. FIU and the tax department share data to catch undeclared crypto income early. Crypto demand grows in India despite 30% tax and unclear long-term rules. India’s income […]

Highlights: California wants to tax billionaires 5% to fund healthcare and social programs. Crypto leaders warn the tax could make rich people leave the state. Experts say similar taxes in other countries failed and hurt the economy. California’s proposed 2026 […]

Highlights: Spain sets 2026 deadline for full enforcement of MiCA and DAC8 crypto rules.  More than 60 crypto firms must obtain MiCA licenses to operate legally. DAC8 mandates detailed reporting of all crypto transactions to Spanish tax authorities. Spain is […]

Highlights: Travel Retail Norway introduces Bitcoin payment at Oslo Airport duty-free Click & Collect. The new option adds a digital payment choice while keeping current methods unchanged. Management calls this an early step, planning more digital payment options soon. Travel […]

Highlights: New York has introduced a crypto bill with a 0.2% tax to fund school programs focused on substance abuse prevention. The proposed tax will apply to all cryptocurrency and NFT transactions starting September 1 if it becomes law. Revenue […]

New Zealand’s tax authority, Inland Revenue, announced its initiative to intensify scrutiny on individuals who engage in cryptocurrency trading without duly reporting their income. The regulatory body focuses on taxpayers who fail to declare profits from their crypto asset dealings […]