11 stories tagged #Crypto Tax

  1. Illinois Crypto Tax Nears Final Approval Amid Industry Backlash
    crypto

    Illinois Crypto Tax Nears Final Approval Amid Industry Backlash

    Illinois is one step away from imposing a 0.2% tax on digital asset transactions as part of its FY2027 budget, drawing sharp criticism from crypto advocates.

    2w ago 1 min read
  2. South Korea Crypto Tax Petition Hits 50K Signatures, Forces Review
    crypto

    South Korea Crypto Tax Petition Hits 50K Signatures, Forces Review

    A petition to scrap South Korea's 22% crypto tax reached 50,000 signatures, triggering a parliamentary review.

    last mo. 2 min read
  3. South Korea's Crypto Tax Under Fire as Petition Hits 52,000 Signatures
    crypto

    South Korea's Crypto Tax Under Fire as Petition Hits 52,000 Signatures

    A petition to scrap South Korea's planned crypto tax crosses a key threshold, forcing parliamentary review as investors demand fairer treatment.

    last mo. 1 min read
  4. South Korea's Crypto Holdings Halve as Investors Shift to Stocks
    crypto

    South Korea's Crypto Holdings Halve as Investors Shift to Stocks

    South Korean crypto holdings fell 50% in a year to $41.4B. Stricter AML rules, a crypto tax, and a shift to equities drive the decline.

    last mo. 1 min read
  5. Kraken Reports Millions of Micro-Crypto Tax Filings, Cites Reporting Burden
    crypto

    Kraken Reports Millions of Micro-Crypto Tax Filings, Cites Reporting Burden

    Crypto exchange Kraken filed 56 million tax forms for 2025, with most transactions under $1, highlighting the significant reporting challenges and costs for small crypto transactions.

    2mo ago 1 min read
  6. Crypto Tax Confusion Persists as IRS Tightens Reporting Rules
    finance

    Crypto Tax Confusion Persists as IRS Tightens Reporting Rules

    Survey reveals widespread misunderstanding of crypto tax obligations amid new IRS regulations.

    3mo ago 2 min read
  7. Crypto Tax Confusion Plagues Half of Investors
    crypto

    Crypto Tax Confusion Plagues Half of Investors

    A Coinbase survey reveals widespread misunderstanding of crypto tax obligations among investors.

    3mo ago 1 min read
  8. US Lawmakers Propose Crypto Tax Overhaul Without Bitcoin Exemption
    crypto

    US Lawmakers Propose Crypto Tax Overhaul Without Bitcoin Exemption

    New draft bill targets stablecoins with tax exemptions but excludes Bitcoin, sparking industry debate.

    3mo ago 1 min read