HMRC Defers Capital Gains Tax on Crypto Liquidity Pools Under New 2027 Framework The U.K. is set to ease the tax treatment …
tax
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Regulation
UK Defers Capital Gains Tax on Crypto Lending and Liquidity Pools From 2027
by shayaanby shayaanThe UK is set to overhaul how certain decentralized finance (DeFi) activities are taxed, introducing a framework that delays Capital Gains Tax …
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Regulation
South Korea’s Tax Agency Establishes Dedicated Division for Crypto Tax Enforcement
by shayaanby shayaanSouth Korea’s National Tax Service (NTS) has taken a significant step toward regulating digital assets by establishing a new Digital Asset Division …
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Markets
Japan reclassifies crypto as a financial asset, paves way for tax cuts
by shayaanby shayaanLawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. www.coindesk.com
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In brief HMRC has announced that depositing crypto into DeFi lending protocols and liquidity pools will be treated as “no gain, no …
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Germany’s 2027 federal budget draft includes cryptocurrency taxation reforms among its fiscal consolidation measures, targeting the current one year holding rule that …
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Regulation
SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa
by shayaanby shayaanSARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major …
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Regulation
CFTC Chair Selig calls Illinois crypto tax a threat to Chicago’s financial legacy
by shayaanby shayaanCFTC Chairman Michael Selig has accused Illinois lawmakers of putting Chicago’s future as a global financial center at risk with its first-of-its-kind …
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Regulation
CFTC Chairman Warns Illinois Crypto Tax Threatens Chicago’s Financial Future
by shayaanby shayaanU.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has publicly criticized Illinois’ newly enacted Digital Asset Privilege Tax Act, calling it …
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DeFi’s latest exploit chatter is pointing traders toward a cost that does not appear in pool APYs: the price of staying connected …