Australian Taxation Office to Focus on Capital Gains From Crypto Assets – Taxes Bitcoin News

The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded …

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Independent Russian News Site Meduza Raises Over $200,000 in Crypto – Bitcoin News

Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent …

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Kazakhstan Amends Registration Rules for Cryptocurrency Miners – Mining Bitcoin News

The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown …

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Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May – Taxes Bitcoin News

Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of …

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Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business – Bitcoin News

Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting …

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IRS Explains What Crypto Owners Must Know to File Taxes This Year – Bitcoin News

Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax …

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European AML Directive Pushes Crypto Startup Bottle Pay Out of Business – Bitcoin News

Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some …

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The Daily: Turbo Tax Adds Crypto Section, Venezuela’s Localbitcoins Record – Bitcoin News

In this edition of The Daily, tax filing software Turbo Tax has integrated a feature that allows crypto investors to report their capital gains online. …

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US Crypto Investors Incurred $5.7 Billion in Unrealized Losses Last Year

Taxes The results of a survey published by Credit Karma estimate that crypto investors in the U.S. realized losses of approximately $1.7 billion during the …

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