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IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements

IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements

The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes that...
Aug, 10, 2024
by Bitcoin News
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets

Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets

A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes ...
May, 24, 2023
2 min read
by Bitcoin News
Tax Authority Slated to Become Main Crypto Regulator in Russia

Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indica...
May, 17, 2023
2 min read
by Bitcoin News
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In it...
Mar, 12, 2023
2 min read
by Bitcoin News