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Tax
US Congressman Drafts Bills to Aid Blockchain Development
U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.
US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance
U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
Digital Assets Don't Change Reporting Needs, SEC's Top Accountant Says
The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.
Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits
Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.
Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.
South Korea Plans Tax Perks for Blockchain Startups
South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.
International Task Force Notes Use of Cryptocurrencies in Financial Crime
Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.
Court Says India's Crypto Exchange Bank Account Ban Will Continue
India's central bank won a key victory in court this week.
Japan's Finance Minister Balks at Changing Crypto Tax Rules
Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.
US Senators Discuss Crypto Threat to Domestic Elections
DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.
