French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud – Finance Bitcoin News

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane …

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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners – Regulation Bitcoin News

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft …

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Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation – Mining Bitcoin News

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its …

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Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says – Taxes Bitcoin News

Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, …

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Uzbekistan Collects Over $300,000 From Crypto Sector – Taxes Bitcoin News

While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in …

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Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money – Op-Ed Bitcoin News

Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and …

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Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS – Bitcoin News

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 …

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Romania Carries Out Raids as Part of Crypto Tax Evasion Probe – Taxes Bitcoin News

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 …

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