United Kingdom ministers have launched efforts to crack down on crypto traders who try to evade payment of taxes on their profits. …
tax
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Regulation
Major Tax Cut Bill Passes House of Representatives in the US – When Will Trump Sign It? What Will Be the Impact? Experts Respond
by shayaanby shayaanThe U.S. House of Representatives has formally passed President Donald Trump’s “One Big Beautiful Bill,” one of his most comprehensive legislative packages. …
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Regulation
Following the Major Tax Law in the US, a Major Cryptocurrency Tax Bill Has Now Been Proposed
by shayaanby shayaanDescribing current practices for taxing digital assets as “outdated,” Wyoming Senator Cynthia Lummis today introduced a new bill that aims to modernize …
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Regulation
IMF warns that Trump’s tax bill will make debt reduction difficult in the medium term
by shayaanby shayaanThe International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to …
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Regulation
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
by shayaanby shayaanSenator Cynthia Lummis filed a bill on July 3 that rewrites multiple sections of the Internal Revenue Code to govern how crypto …
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Regulation
The Most Important Part of Trump’s ‘Big, Beautiful’ Tax Bill for the Crypto Industry
by shayaanby shayaanAfter a tightly contested vote that required Vice President JD Vance to cast the deciding tie-breaker, the U.S. Senate has approved President …
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Smart Contracts
Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill
by shayaanby shayaanIn short Senator Cynthia Lummis introduced a bill on Thursday that digital asset users would offer different tax-related benefits. According to the …
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Regulation
Trump’s ‘Big Beautiful Bill’ Passes Senate—Without Bitcoin Tax Exemptions
by shayaanby shayaanThe U.S. Senate narrowly passed President Donald Trump’s massive reconciliation bill on Tuesday—but failed to include key tax amendments in the legislation …
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Joni Ernst, a United States Senator, backed by fellow Iowa Sen. Chuck Grassley and Alaska Sen. Lisa Murkowski, has filed an amendment …
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Regulation
Trump’s ‘Big Beautiful Bill’ May Get a ‘Hail Mary’ Bitcoin Tax Exemption
by shayaanby shayaanAs Senate Republicans race to pass President Donald Trump’s sweeping budget reconciliation bill, dubbed the “One Big Beautiful Bill,” a last ditch …