Market Release

UK Government Says It Will Update Crypto Tax Guidance By Early Next Year
UK officials have outlined a range of regulatory steps around cryptoassets and distributed ledger technology (DLT) in a new report.
Oct 30, 2018


Thane Municipal Corporation (TMC) to Leverage blockchain Technology for Tax Property Assessment
India’s first blockchain-based project in Property Tax assessment has been implemented in Thane Maharashtra under the Ministry of Housing and Urban Affairs (MoHUA) flagship program of the government..
Jan 22, 2020

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The Wall Street Blockchain Alliance (WSBA) Asks the IRS to Illuminate on its Crypto Tax Categorization
On the Internal Revenue Service’s (IRS) most recent move to classify cryptocurrency assets under the property class, US cryptocurrency community is grim with the decision of the IRS after it has...
Feb 14, 2020


Govt. of India Will Cut TDS on All Crypto Transactions from 1st July 2022
On June 22, India's Finance Ministry Nirmala Sitharaman has given guidelines to explain the detailing mechanism for the contentious and soon-to-be-implemented 1% tax deducted at source (TDS)...
Jun 29, 2022


Tax Form Crypto Question Expanded by IRS to Include Gifts for 2022 Tax Return
The crypto question on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return, has been changed by the Internal Revenue Service (IRS). Recently, the Internal Revenue...
Aug 09, 2022


Italy will impose a 26% capital gains tax on cryptocurrency Income
Italy will impose a 26% capital gains tax on cryptocurrency revenues starting in 2023. Holders of cryptocurrencies would be required by the proposed rule to report their holdings and pay a 14% tax...
Dec 06, 2022
