Greece is moving to tax cryptocurrency profits with a proposed 15% flat capital gains tax, a sign that digital assets are being pulled into the country’s formal tax system rather than left in the regulatory weeds. 15% flat tax on crypto capital gains €500 exemption for small gains Individual miners excluded Corporate mining operations taxed […]
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Crypto Surveillance Surge: South Korea’s Tax Office Unleashes Aggressive Profit-Tracking System South Korea’s National Tax Service (NTS) is gearing up for a seismic shift in crypto regulation, deploying an AI-driven system to track and tax cryptocurrency profits starting January 2027. With a $2 million budget, this initiative dubbed the “Comprehensive System for Virtual Asset Transaction […]
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NYC’s $12.6B Budget Crisis: Mayor Mamdani’s Tax Plan and Its Crypto Ripple Effects New York City is grappling with a jaw-dropping $12.6 billion budget shortfall over the next two fiscal years, and Mayor Zohran Mamdani, newly sworn in as of January 1, 2025, has rolled out a polarizing plan to tax the wealthy and corporations […]
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Stablecoins on the Verge of Tax Relief: US Lawmakers Propose Crypto-Friendly Reforms US lawmakers have put forward a discussion draft that could lighten the tax load for cryptocurrency users, with a sharp focus on stablecoins, staking, and mining rewards. Representatives Max Miller (R-Ohio) and Steven Horsford (D-Nev.) are behind this bipartisan push to simplify the […]
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Trump Administration Pushes IRS Tax Framework for Foreign Crypto Holdings The Trump administration is making a bold move that could spell the end of hiding crypto stashes on foreign exchanges to dodge taxes. With a proposal to join the Crypto-Asset Reporting Framework (CARF), the US is inching closer to empowering the Internal Revenue Service (IRS) […]
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