India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to virtual digital assets, including …
tax
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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 …
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Regulation
UK’s Reform Party puts crypto tax cuts and Bitcoin reserve plan on its campaign agenda
by shayaanby shayaanThe United Kingdom political party Reform UK wants to make cryptocurrency one of its priorities to attract young voters. Party chairman Zia …