taxes

British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money

The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines…

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The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision

Since the days of the British Empire, the United Kingdom has been one of the world’s largest and most influential…

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Crypto and Blockchain News From German-Speaking World: Oct. 20-26

The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry…

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Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin

Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USD Coin (USDC) for…

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Hire Professionals or Do it Yourself?

Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit…

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US IRS Makes Change to Standard Questions in Regards to Cryptocurrencies

The United States Internal Revenue Service (IRS) has added a question on crypto ownership to the standard 1040 income tax…

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5 Things to Know About Grams Wallet’s Terms of Use Before GRM Launch

Cloud-based instant messaging service Telegram has released terms of use for its native cryptocurrency wallet Grams Wallet. On Oct. 8,…

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CEO of Under Fire Brazilian Firm Owns 25,000 Bitcoin

The CEO of Brazilian cryptocurrency firm Grupo Bitcoin Banco has claimed 25,000 Bitcoins (BTC) — a staggering $209 million as…

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H&R Block Offers Solutions for Taxpayers With Crypto Transactions

U.S.-based accounting firm H&R Block has begun serving as an intermediary between crypto users and the Internal Revenue Service (IRS)…

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Are Tax Moves to Puerto Rico Worth It for Crypto Holders?

Some in the crypto community have embraced Puerto Rico, which seems to have done a good job of promoting itself.…

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