Tax

Exchanges

Coinbase Tells 13,000 Users It’s Sending Their Data to the IRS

Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

Policy & regulation  ·  26 February 2018
Bitcoin

Georgia Becomes Latest State to Consider Bitcoin for Tax Payments

Two state senators in Georgia have proposed a new bill that would allow citizens to pay their tax obligations in bitcoin.

Policy & regulation  ·  23 February 2018
Legal

Israel Confirms It Will Tax Bitcoin as Property

Israel has confirmed that it will treat cryptocurrencies as taxable assets in a new circular published on Monday.

Policy & regulation  ·  19 February 2018
Tax

Crypto Is Now Fastest Growing Donation for Fidelity Charitable

Fidelity Charitable has revealed it received $69 million in crypto donations in 2017, making it the fastest-growing option accepted by the firm.

Policy & regulation  ·  14 February 2018
Regulation

Arizona Law Would Define When ICOs Are Securities

Two new bills introduced to the Arizona legislature would create legal definitions for cryptocurrencies and blockchain if passed.

Policy & regulation  ·  13 February 2018
Regulation

Icelandic Lawmaker Floats Bitcoin Mining Tax

An Icelandic lawmaker has suggested imposing a new tax on the bitcoin miners that are flocking to the country.

Policy & regulation  ·  12 February 2018
Regulation

Arizona Moves One Step Closer to Accepting Bitcoin for Taxes

The Arizona Senate has cleared a bill that aims to allow residents in the state to pay their taxes with bitcoin and other cryptocurrencies.

Policy & regulation  ·  9 February 2018
Cryptocurrency

India’s Tax Department Is Sending Notices to Crypto Investors

The chairman of India's Central Board of Direct Tax says the agency is sending notices to crypto investors that haven't declared their gains.

Policy & regulation  ·  9 February 2018
Regulation

Would Israel’s ICO Tax Plan Retain Startups or Scare Them Off?

While some say the guidelines proposed by Israel's tax authority would legitimize token sales, others balk at the notion of taxing them at all.

Policy & regulation  ·  24 January 2018
Cryptocurrency

Israel Releases Draft Plan for Taxing ICOs

Israel's government has published draft circular outlining possible approaches to taxing the proceeds of initial coin offerings (ICOs).

Policy & regulation  ·  17 January 2018
Exchanges

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.

Policy & regulation  ·  12 January 2018
Exchanges

South Korea Reportedly Expands Crackdown on Crypto Exchanges

New reports suggest that the South Korean government is intensifying its moves against the country's bitcoin exchanges.

Policy & regulation  ·  11 January 2018
Exchanges

Indian Bitcoin Exchanges Seek Clarification Over Tax Liabilities

Indian bitcoin exchanges are raising questions over the applicability of goods and service tax (GST) to their operations.

Policy & regulation  ·  5 January 2018
IRS

Coinbase to Customers: Don’t Forget to Pay Taxes on Bitcoin Gains

Exchange and wallet startup Coinbase has taken to reminding its customers to pay taxes due on their cryptocurrency gains.

Policy & regulation  ·  4 January 2018
Exchanges

India’s Tax Department Collects User Data at Multiple Bitcoin Exchanges

The Indian Income Tax Department has visited bitcoin exchanges across the country seeking data on tax avoiding users.

Policy & regulation  ·  14 December 2017