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New Zealand Levies Tax on Cryptocurrency

New Zealand has recently extended its tax regulations on cryptocurrency. Similarly, many nations have been extending their tax regulations on digital assets. This has been necessary to compensate the dramatic downturn of global capital centres […]

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IRS Extends Taxes on Cryptocurrency

The Internal Revenue Service (IRS) of the United States has recently extended tax regulations on cryptocurrency similar to fiat currencies. These new regulations have come in response to tax avoidance on cryptocurrency transactions. Increasingly, countries, […]

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S. Korea Mulls 20% Crypto Tax

South Korea’s government is considering a proposal to levy a 20 percent tax on cryptocurrency transactions. The Ministry of Finance has ordered its income department to review the draft law. The gains made through cryptocurrency […]