Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset …
tax
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Regulation
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
by shayaanby shayaanHouse tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures …
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In brief A House hearing exposed divisions over six GOP crypto tax bills. Democrats questioned exempting staking and mining rewards from taxable …
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Markets
Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns
by shayaanby shayaanThe effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details …
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The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday …
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The House Ways and Means Committee is gearing up for its big tax push. www.coindesk.com
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Regulation
Greece moves to tax crypto gains at 15% with legislation expected within months
by shayaanby shayaanGreece’s Finance Ministry is drafting a bill that would impose a 15% capital gains tax on cryptocurrency profits. The information was reportedly …
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Regulation
Crypto tax in Illinois FY2027 budget is one step away from becoming law
by shayaanby shayaanSome digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General …
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Regulation
Government Stablecoin Payments Would Fuel ‘Tax Evasion Economy,’ Lawmaker Warns
by shayaanby shayaanIn brief Rep. Brad Sherman said allowing government payments in stablecoins would “sanctify an alternative to the U.S. dollar” built to “facilitate …
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In brief House Republicans unveiled seven crypto tax bills set to be discussed at a Tuesday Ways and Means Committee hearing. The …