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Crypto Taxes a ‘Nightmare’ — Congress Hears the Latest on Blockchain for Small Business

In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing your taxes for crypto is the worst nightmare,” Protocol Labs General Council member Marvin Ammori

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China Implements Blockchain Invoicing in Beijing For More Transparent Governance

The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2.Beijing hopes blockchain invoicing can bring more transparency to taxpayersBeijing aims to bring blockchain’s unique transparency, traceability and immutability to its future governance with the usage of blockchain invoicing.

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