Source: coingeek.com

Russia to Impose 15% Tax on Bitcoin Mining Profits

Russia is advancing a draft amendment to its Bitcoin mining legislation, proposing new tax regulations for crypto mining activities, transactions, and associated infrastructure.    According to a report by local media Interfax, the country’s Ministry of Finance has introduced...

U.K. Plans New Stablecoin and Staking Laws to Retain Crypto Firms

U.K. Plans New Stablecoin and Staking Laws to Retain Crypto Firms

The British government is reportedly planning to introduce new crypto regulations by December 2024 to retain crypto companies drawn to the pro-crypto policies emerging in the U.S. under President-elect Donald Trump. According to Bloomberg, the U.K. Treasury is preparing...

Are Crypto Taxes a Sustainable Source of Government Revenue?

Are Crypto Taxes a Sustainable Source of Government Revenue?

In the last six months, many governments worldwide have introduced or revised their tax frameworks to include cryptocurrencies. Countries like Denmark, South Korea, the Netherlands, Italy, Japan, and New Zealand are leading this regulatory shift. The Netherlands now mandates...

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