El Salvador President Approves Tax Exemption for Tech Innovations
President Nayib Bukele of El Salvador has approved a new law that removes taxes on technological innovations. The Innovation and Technology Manufacturing Incentive Act will...
UK Seeks Feedback on Proposed Tax Changes for DeFi Transactions
The UK government’s proposed changes to the tax treatment of decentralized finance (DeFi) lending and staking have sparked a conversation among investors, experts, and businesses....
Russia Proposes Harsher Punishments for Crypto Miners
The Russian finance ministry has put forward proposed revisions to the country’s Criminal Code, which call for harsher punishments for crypto miners who disobey tax...
Crypto Tax Tool Introduced for Binance Users
On Feb. 6, crypto exchange Binance announced it is launching a tax reporting tool to help users stay on track of their crypto transactions for...