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Bulgaria Mandates Crypto Transaction Reporting to Align With EU Laws
The Bulgarian National Assembly has officially passed new amendments to the Tax and Social Insurance Procedure Code, introducing rigorous reporting requirements for cryptocurrency service providers. The legislation, whi…
IRS Tax Gap: Less Than 56% of US Crypto Users Report Transactions
A recent study published in the academic journal Accounting Review has highlighted a significant gap in digital asset tax compliance within the United States. Research findings indicate that only 32% to 56% of American …