The Crypto Times

Category : Taxes

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ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman

Viena Abdon
The ICON Foundation, creator of the ICON (ICX) project, has issued an official response to the news that South Korean tax authorities are investigating its...
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Kentucky to provide tax breaks for local crypto miners

Viena Abdon
Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners. Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill...
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US crypto tax startup TaxBit to channel $100M raise into UK expansion

Viena Abdon
Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured...
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Miami council supports mayor’s move to offer city worker salaries in Bitcoin

Viena Abdon
Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city’s...
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Bitcoin core non-profit gets approved for tax exemption, perks for donors

Viena Abdon
A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors. Brink, which launched...
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Parents, it’s time for ‘the talk’: Did your kid trade crypto in 2020?

Viena Abdon
The taxation of cryptocurrency is no longer just a young person’s problem. That changed the day the United States Internal Revenue Service made cryptocurrency a...
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US Library of Congress report highlights proof-of-stake tax blindspot

Viena Abdon
Republican Rep. Tom Emmer has called for more precise tax guidelines regarding cryptocurrency earnings, after a report he commissioned from the Law Library of Congress...