Taxation

Beware: Scammers are using Fake IRS Letters

It's correspondence season, which means that Internal Revenue Services(IRS) is sending out unpaid bills and notices to taxpayers, including those that are focused on cryptocurrency and healthcare. But recently a scam related to fake IRS calls and...

If you made a profit on Cryptocurrency, Beware! IRS is coming for you

The Internal Revenue Service (IRSI on Friday announced that they are sending letters to people who have made profits from crypto trading. IRS claimed that virtual currency traders have failed to report their revenues correctly. IRS Commissioner Chuck Rettig...

Levy Taxes on Wall Street, America needs a redistribution of wealth says Mike Novogratz

The practice of capitalism has brought great dividend to the advanced economy of the world; however, the evils of the practice of the mode of the economy still linger, and perhaps, it is getting worsened in the recent time. The...

Canada Auditing Cryptocurrency Investors

According to a recent report, the tax collection service of Canada, CRA i.e. the Canada Revenue Agency has started auditing the cryptocurrencies' investors. The report states that the tax collection agency has sent extensive questionnaires to the crypto investors in...

Japan Pro Crypto Government: Cryptocurrency Mass Adoption 2019

2019 has been one of the eventful years for the crypto space in Japan. There have been several events this year related to the crypto world in this country. From Bank of Japan issuing a study on Central Bank...

Can France become the Blockchain Nation?

French MPs have recently put our a proposal trying to make France become the Blockchain Nation. This is a raft of 20 different proposals all aimed at trying to make France the number 1 Blockchain Nation specifically citing that...

Japan and Cryptocurrency Regulation: Updates

Lawmakers in Japan are looking into bills which could have a significant impact on the cryptocurrency industry in Japan. Japenese lawmaker Tekeshi Fujimaki who is a representative of the political party Nippon Ishin has recommended four amendments to help...

South Korea Planning ICO and Crypto Taxation

In accordance with a document presented by Hong Nam-ki, the finance minister nominee, the government tax authorities of South Korea are planning the taxation on Cryptocurrencies and Initial Coin Offerings.   Document submitted to the┬áNational Assembly of South Korea According to Hong...

Latest News

US security forces blacklist Crypto Wallet Addresses of three Chinese drug traffickers

The Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) today announced coordinated actions...