Cryptocurrency Analysis and News Portal
press release PRESS RELEASE. Ledgible, the leading digital asset tax and accounting solution for institutions, professionals, and investors unveils a newly revamped website and interface. Users can now quickly explore the company’s various digital asset solutions, connect with support, register and so much more all in one streamlined ecosystem. The announcement
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Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency in the previous year. Biden Administration Opposes Bill
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"There are authorities at one of Nexo’s offices in Bulgaria which is, as you know the most corrupt country in the EU," a Nexo spokesperson said in an email to CryptoX. "They are making AML and tax-related inquiries about a Bulgarian entity of the group that is not customer facing,
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A local report states that the investigation will be conducted by a unit dedicated to “special tax investigations.”South Korean tax authorities are investigating local crypto exchange operator Bithumb Holdings. This is according to a Tuesday report by Yonhap News which states that the National Tax Service is reportedly investigating possible
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Former Chairman of Bithumb Holdings was recently acquitted of fraud charges. Source
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Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding $50 million in value. Law Enforcement and Tax
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Cryptiony was established to help solve one of the most fundamental challenges in the digital currency sector – filing tax reports.The bigger the crypto ecosystem, the more tax authorities in different jurisdictions will require active players to file their tax reports. While many countries have not gotten to the level
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The timing of the sudden change has been met with disapproval from some residents who had recently paid for their yearly license in full.Dubai has announced that it is scrapping its 30% tax on alcohol sales for the rest of 2023. This is the municipality’s latest step towards strengthening the
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Days before the 30% tax came into effect, Nischal Shetty, CEO and founder of WazirX, one of India's biggest exchanges, said what people will do now "is find ways to not be part of the [domestic] system because people are not going to leave crypto." The Esya Centre report found
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Business intelligence firm MicroStrategy made headlines ahead of New Year's Eve as the sale of a portion of its Bitcoin (BTC) holdings drew the attention of industry experts and critics.A regulatory filing with the United States Securities and Exchange Commission (SEC) on Dec. 28 detailed the first time the firm
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