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CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US

Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and SmartPay president at WonderFi, pointed to areas of concern for crypto firms in the United States looking for regulatory clarity and favorable tax policy. Speaking to Cointelegraph at the Blockchain Futurist conference in Toronto on Aug. 16, Koven said promoting crypto

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Puerto Rico To Become Cryptocurrency Capital Due To Favorable Tax Laws

One of the controversial topics in recent times is the payment of tax on cryptocurrency gains. In the USA, the IRS termed virtual currencies as property which means that holders will pay taxes like holders of fundamental properties or stocks. The agency even sent a subpoena to many centralized cryptocurrency exchanges

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Mike Novogratz Hopes Biden Administration to Provide Favorable Crypto Regulations

Mike Novogratz said that investors remain confident in the top crypto asset, regardless of the Trump administration’s rules.Ex-hedge fund manager and Galaxy Digital founder Mike Novogratz hopes that the incoming Biden administration would provide “open-minded” regulations for digital assets. A few months ago, the CEO, who is also a philanthropist,

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