Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.

Crypto ATMs worldwide are returning to 2022 levels as some operators add ID requirements, Bitcoin meanwhile tested the $70,000 mark in February.

We are officially entering the ‘crypto tax enforcement era’, but the new rules, written by people who don’t understand crypto, could have some big repercussions for the industry as a whole.

HMRC has issued a new warning to anyone trading or cashing in crypto, reminding people that they may need to pay tax if their profits exceed £3,000. The alert was shared in a post on X, where the tax ...

In the Union Budget 2022-23, the government clearly defined VDAs such as cryptocurrencies and NFTs under the Income Tax Act ...

The data will be shared under the OECD-led Crypto-Asset Reporting Framework, enabling automatic exchange of crypto transaction details between tax authorities ...

The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more ...

India’s cryptocurrency policy so far has been a paradox. The Central government has repeatedly cautioned against ‘stateless’ cryptocurrencies, yet embraced the ...

BRITISH investors are facing a major shake-up as the taxman prepares to boot cryptocurrency out of popular Stocks and Shares ISAs. From April 6, a new rule from HM Revenue & Customs (HMRC) ...

Famous financier and former White House Press Secretary, Anthony Scaramucci, has warned at the inaugural SALT conference held in London that the newly elected m ...

The cryptocurrency market brings Kyrgyzstan more tax money than the country’s largest bazaar and all patent-paying businesses put together. The calculation comes amid efforts to update the nation’s ...