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Tax
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
The budget is the first since Prime Minister Narendra Modi was elected for a third straight term.

Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.
The move, which would impose a significant financial burden on domestic firms, is in stark contrast to Trump's recent support of crypto mining.

Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.

Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
“We are working on an offering to service those clients really well on a one-off basis — to have them trade with us and stay with us," a Coinbase official said.

Crypto Old-Head Otoh Talks Casascius Bitcoins, Tax Havens and Old Friends
The pseudonymous investor – early to both Ethereum and Litecoin – has lived large. He is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31.

Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters
The ATO said the data will help identify traders who failed to report their cryptocurrency-related activities.

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says
The crypto market faces the U.S. tax season liquidity test around the time the Bitcoin blockchain implements the fourth mining-reward halving on April 20.

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Local exchanges have previously blamed falling trading volumes on commodities taxes on crypto.

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

Indonesia's Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin's Surge
The country's tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced.
