Search the news
Found 22 articles
tagged #cryptotax — page 1 of 3
South Korean Crypto Tax Deferral Petition Reaches 50,000 Signatures
A public petition in South Korea calling for a two-year postponement of the taxation on virtual assets has officially surpassed the 50,000-signature threshold. This milestone, reached on September 14, 2026, triggers a m…
US House Committee to Review Landmark Cryptocurrency Tax Bills on Sept 16
The US House Ways and Means Committee is scheduled to convene on September 16 to review critical legislation aimed at refining the federal tax treatment of digital assets. According to reports from Crypto Briefing, this…
South Korea Confirms Taxation for Private Wallets and Overseas Crypto Exchanges
The South Korean government has officially clarified that digital assets stored in private hardware wallets and on international trading platforms will be subject to national taxation. According to a recent report by Di…
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 …
India Mandates Global Tax Reporting for Crypto Assets and CBDCs
The Indian government has significantly expanded its regulatory oversight of the digital economy by integrating crypto assets and Central Bank Digital Currencies (CBDCs) into its global tax reporting framework. Accordin…
South Korea Confirms Digital Asset Tax Implementation for January 2027
South Korean Deputy Prime Minister and Minister of Economy and Finance, Koo Yun-cheol, has reaffirmed that the government intends to begin taxing digital asset transactions starting January 1, 2027. During a plenary ses…
HMRC Recovers Over £8 Million in Crackdown on Crypto Tax Evasion
The UK’s tax authority, HM Revenue and Customs (HMRC), has successfully recovered more than £8 million in unpaid taxes from cryptocurrency investors over the past three fiscal years. According to data recently disclosed…
South Africa’s SARS Issues New Draft Guidance on Crypto Asset Taxation
The South African Revenue Service (SARS) has officially released a comprehensive draft guidance document aimed at clarifying the taxation framework for digital assets within the country. This regulatory move seeks to pr…
US Senate Prepares to Release Cryptocurrency Tax Framework This Fall
The United States Senate is moving closer to establishing definitive regulatory guidelines for digital assets, with a comprehensive cryptocurrency taxation framework expected to be unveiled as early as this autumn. On J…
South Korean Petition to Abolish Crypto Tax Gains 58,000 Signatures
A significant public petition calling for the abolition of virtual asset taxation in South Korea has officially surpassed the required threshold for legislative review. As of June 21, 2026, the petition has garnered 58,…