Market Release


Italy's 2023 Budget Includes 26% Cryptocurrency Tax

The Italian parliament passed the 2023 budget legislation on December 29th that imposed a 26% capital tax on cryptocurrency profits over 2,000 Euros. In exchange for disclosing cryptocurrencies..

Jan 03, 2023 0 | 0


Indian Government Generates Rs. 157.9 Crore from Direct Tax on Crypto Transactions

Indian government's decision to tax crypto transactions generates Rs. 157.9 crore from direct tax deducted at source for FY 2022-23, proving the potential of crypto as a legitimate asset class

Mar 30, 2023 0 | 0


Belarus Government Grants Cryptocurrency Investors Tax-Free Status Until 2025

Belarus will maintain its tax exemptions for individuals and companies legally working with cryptocurrencies until January 1, 2025..

Apr 07, 2023 0 | 0


El Salvador decides to removes all taxes on tech innovation

El Salvador, the first nation to recognize Bitcoin as legal cash, has made the decision to do away with all taxes on technological advancements. Parallel to this, El Salvador's National Bitcoin..

Apr 12, 2023 0 | 0


Revolut Offers Automated Tax Reporting for Cryptocurrency Users

Revolut, a fintech company, has incorporated an automated tax reporting tool for its users as cryptocurrencies come under the scrutiny of international tax authorities more frequently..

May 02, 2023 0 | 0


Researchers proposed IRS Tax guidelines that treat Cryptocurrency losses

Recent research suggests separating crypto asset losses from conventional tax deductions. Research by Indiana University and the University of Maine examined US cryptocurrency tax law..

May 03, 2023 0 | 0

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Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities

Following this week's accusations filed by the US Securities and Exchange Commission against two significant cryptocurrency exchanges, the brokerage business Robinhood has chosen to delist few firms;

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