Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.
The bill proposes to recognise cryptocurrency as property for purposes of taxation.
If passed the bill would amend tax laws to recognize digital currencies as a form of property.
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.
Out of 31 nations, only five have tax guidance addressing cryptocurrency rewards via staking, a study found.
Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills.
The team of investigators requested past data and transaction details from Korea Digital Exchange.
Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
All three of Thailand's tax departments reportedly aim to improve tax revenue collection using blockchain technology.
The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.
The sale of bitcoin, ether and monero brought in €6.4 million, or $7.5 million.
Russia's Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders, if passed.