Thailand has announced a significant tax reform to position itself as a leading crypto-friendly nation. On June 17, the country’s Cabinet approved …
tax
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India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to virtual digital assets, including …
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Markets
Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors
by shayaanby shayaanBrazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on …
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Regulation
Brazilian Party Proposes Bill to Restrict Bitcoin Mining and Tax Trading Activities
by shayaanby shayaanA new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in …
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Regulation
Latvia Approves New Crypto Tax Bill, Sets 2026 Deadline for DAC8 Compliance
by shayaanby shayaanLatvia Aligns with EU Crypto Standards: Bill No. 24-TA-3148 enforces DAC8 and CARF rules, tightening crypto reporting from 2026. Latvia Eyes Blockchain …
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Regulation
Kenya’s Crypto Tax Threatens Africa’s Digital Economy to Halt Before It Can Unify
by shayaanby shayaanKenya’s 1.5% crypto tax risks driving startups, freelancers, and digital creators to unregulated platforms or overseas markets. Lawmakers urge tax reform, privacy …
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Regulation
Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
by shayaanby shayaanAmid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions …
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The executive power in Russia has suspended the expansion of a crypto mining ban that would have added several more regions to …
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Sen. Cynthia Lummis pushes to include major crypto tax reforms in the GOP’s 2025 spending bill. Proposals include applying the wash-sale rule …
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Regulation
‘Revenge Tax’ Hidden in President Trump’s Bill Could Trigger Capital War, Warns Deutsche Bank: Report
by shayaanby shayaanDeutsche Bank is reportedly warning that a capital war could be triggered by the White House’s “One Big Beautiful Bill.” Analysts from …