Category: Crypto Tax

Crypto Tax
Insights into Cyprus and UAE tax benefits

The Global Tax Landscape for Cryptocurrencies Non-compliance with crypto regulations has severe consequences. Do Kwon’s $4.5 billion penalty in the SEC case and Changpeng Zhao’s 4-month jail sentence for money laundering underscore the growing scrutiny of cryptocurrency activities.  As crypto whales and high-net-worth individuals increasingly adopt nomadic lifestyles, they face significant challenges in understanding and […]

3 weeks ago
Crypto Tax
Special case – USA: “What stat are you in?”

The geography of crypto tax rates The United States may be united, but when it comes to taxing your hard-earned crypto gains there are plenty of differences to consider.  You could do the decent thing and take up permanent residency in Puerto Rico, for example – yes, it’s a US state, but with lots of […]

1 year ago
Crypto Tax
What is Crypto Tax? Paying Tax on your Crypto Transactions – Coincub

That’s right, cryptocurrencies are now taxed in various countries. The good news is that it is taxed since it is regulated. It is important to understand how crypto is taxed in comparison to the normal fiat tax. So, what is crypto tax? Crypto tax refers to the taxes that individuals and businesses may owe on […]

1 year ago
BitcoinCryptoCrypto TaxExchangeRegulationTax
Crypto regulation in Q1 2023: What to expect

Hey Coincubs! 2023 is going to be a wild ride. Just make sure you buckle up because most countries are steaming ahead with cryptocurrency regulation. Following the crash of FTX, Terraform Labs, and Celsius last year, jittery governments are belatedly jumping into action to create effective regulations that are crucial for the mainstream adoption of […]

2 years ago
CryptoCrypto Tax
Transactions under $50 may soon be exempt from US crypto tax

According to proposed legislation under the Virtual Currency Tax Fairness Act, tabled by two Senators in late July, transactions where an assets increase in value is less than $50 will not be subject to crypto income tax in the US. The proposed legislation, put together by Senator Krysten Sinema and Senator Pat Toomey, aims to […]

2 years ago

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This is not financial advice. Coincub is an independent publisher and comparison service. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. This space changes rapidly and evolving, so please make sure to do your own research. Although we do our best to provide you the best information, we cannot guarantee the accuracy or applicability of any information on this site or in regard to your individual circumstances.