Finance News – Global Crypto
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Is crypto still taxed in Australia? Major legal update explained
Australia’s recent policy classifies cryptocurrency as taxable property, applying capital gains rules to various transactions while increasing enforcement efforts that impact over...
Read Full Article →Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden
The proposed legislation aims to reduce tax obligations for cryptocurrency participants, potentially impacting the financial responsibilities of digital asset users and miners with...
Read Full Article →Ohio passes blockchain bill allowing $200 tax-free Bitcoin payments
The new legislation permits residents to receive up to $200 in Bitcoin without incurring taxes, potentially encouraging greater use of digital currencies and fostering economic inn...
Read Full Article →Thailand approves five-year crypto tax exemption
Thailand’s decision to exempt cryptocurrency earnings from taxation for five years aims to encourage investor participation and growth within the regulated digital asset market sta...
Read Full Article →Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors
The new 17.5% tax on cryptocurrency gains in Brazil removes previous exemptions and is designed to increase government income from digital asset transactions across all investor le...
Read Full Article →Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Jonathan Mann’s substantial earnings from a rapid NFT sale resulted in complex tax obligations, highlighting the financial challenges artists may face when profiting significantly...
Read Full Article →Switzerland greenlights sharing crypto tax info with 74 nations
Switzerland’s upcoming implementation of automatic cryptocurrency data sharing with numerous countries aims to enhance international tax compliance and improve transparency in digi...
Read Full Article →Bitcoin Threatens $100K, Crypto Losses Grow as Musk/Trump Feud Goes Nuclear
The escalating conflict between influential figures has contributed to increased market volatility, resulting in significant declines in cryptocurrency values and raising concerns...
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