Buenos Aires, Argentina – Thursday, December 28, 2023- In a surprise move, Argentine President Javier Milei proposed including a cryptocurrency declaration in the country’s ongoing reform bill in December last week. President-Elect Milei’s draft bill suggests declaring both domestic and foreign Crypto holdings could lead to a favorable tax rate. The regularization initiative forms a […]
While the current cryptocurrency market has come a long way since its inception back in 2009, there are still numerous challenges to overcome. For example, the volatility of prices and uncertain trust in central authorities pose significant problems. Enter stablecoins: instead of issuing new cryptocurrencies that track an index or basket of other assets, these […]
Catenaa, Saturday, January 11, 2025 – The US Internal Revenue Service (IRS) has announced a temporary measure aimed at easing tax reporting for cryptocurrency holders utilizing centralized finance (CeFi) brokers, as per its latest notice, 2025-7. The relief comes ahead of the implementation of Section 6045 broker regulations on January 1, 2025. These rules mandate […]
Catenaa, Monday, January 27, 2025- MicroStrategy, led by CEO Michael Saylor, may face significant federal tax liabilities on its unrealized Bitcoin gains, which total over $19.3 billion. The company’s massive holdings, exceeding 450,000 BTC valued at more than $48 billion, have drawn attention under the corporate alternative minimum tax introduced by the 2022 Inflation Reduction […]
Catenaa, Saturday, February 22, 2025 – Dan Morehead, founder of Pantera Capital, is facing a federal tax investigation over his use of Puerto Rico’s tax incentives, with authorities examining whether he improperly claimed exemptions on $850 million in investment profits. The US Senate Finance Committee is probing whether Morehead classified these gains as tax-exempt despite […]
SEOUL, South Korea, Monday, March 18, 2024 – South Korean authorities are developing a tax system specifically designed to address cryptocurrency tax evasion, according to local media reports. The move comes amid a surge in cryptocurrency investment within the country and concerns that existing tax regulations are inadequate for capturing capital gains from crypto transactions. […]