Coinbase has urged U.S. lawmakers to remove capital gains tax requirements on stablecoin payments and exempt small crypto transactions from burdensome reporting rules. According to testimony delivered by Coinbase vice president of tax Lawrence Zlatkin before the House Ways andβ¦
Trump adviser Patrick Witt has backed six House crypto tax bills as lawmakers seek to clarify rules for staking, mining, and digital asset transactions. According to statements posted on X, White House crypto adviser Patrick Witt praised the House Waysβ¦
U.S. lawmakers have reopened debate on digital asset taxation through seven separate crypto tax proposals while Senate negotiators continue work on the CLARITY Act ahead of a possible floor vote before August. According to the House Ways and Means Committee,β¦
Strive Asset Management has backed efforts to remove capital gains taxes on Bitcoin transactions in the U.S., as its CEO says the firm is actively working with policymakers while lawmakers prepare to review digital asset tax rules. According to Matthewβ¦
Greece has prepared plans for a 15% cryptocurrency capital gains tax as officials move to bring digital assets into the countryβs tax system. According to a report, Greeceβs Finance Ministry is drafting legislation that would impose a 15% tax onβ¦
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the stateβsβ¦
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. According to remarks delivered during a Houseβ¦
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. Accordingβ¦