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“Unlike traditional government-issued currencies, property does not enjoy a de minimis exemption. This is in contrast to how foreign currencies are treated, which do enjoy an exemption,” a letter authored by Coin Center said. “... This means that every time you buy a cup of coffee or anything else with
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Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission to offer its one-month U.S. Treasury yields to accredited investors in the United States.Before the Aug. 9 announcement, the Maple Finance Treasury pools were only available to accredited investors outside the United
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 5, a bill proposing exemptions from capital gains taxes on the sale of digital currencies in Israel passed the preliminary reading in the country’s parliament, the Knesset. The bill offers extra tax advantages for people
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The National Tax Agency in Japan recently revised a law on June 20, exempting token issuers from paying corporate taxes on unrealized cryptocurrency gains. This revision aims to ease the burden on crypto token issuers and
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Lawyers for Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show, have filed a petition to “quash” a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case. The lawyers claim that Fallon has no connection to the dispute, is not a
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The transactions of “designated crypto assets” entered into from the tax year 2022 to 2023 onwards will be qualified for the Investment Manager Exemption in the United Kingdom. Certain legislation was announced by the U.K. government back in April and is now executed by the Commissioners for His Majesty’s Revenue
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John J. Ray III, the new CEO of FTX, cited “the secret exemption of Alameda from certain aspects of FTX.com’s auto-liquidation protocol” among a list of poor security and financial controls that have been uncovered since he took control of the company in the early hours of Nov. 11, shortly
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