The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know.
Denmark's tax authority, the Skattestyrelsen, has been sending letters to cryptocurrency users it suspects of tax avoidance, demanding a range of information about their trading activities.
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
The internet giant, which has been working on blockchain-based invoices for some time, will lead the development of new standards.
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.