Category: Tax

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What is KYC in Crypto? A Guide to Crypto Compliance

With crypto changing by the day, compliance and security have become important aspects for the market to grow sustainably. Perhaps the most important regulatory practice involving crypto would be Know Your Customer (KYC). KYC aims to combat illegal activities such as money laundering and fraud, and it is a mandatory process for most centralized crypto […]

2 months ago
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Crypto Tax-Free Countries: The Ultimate Guide for 2025

The cryptocurrency market is booming, and it looks like mass adoption is finally here. Billionaires, companies, and even governments are looking at crypto as the potential solution to different problems. With this rate of adoption, regulatory frameworks are becoming more and more prevalent and necessary. Some entities have already made significant progress in presenting regulatory […]

2 months ago
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Poland vs Lithuania: Which is the Best for Your VASP License?

Introduction With crypto becoming more mainstream, its adoption in the European Union is underway. The EU provides a decent environment for crypto businesses, especially with the MiCA regulation fully coming into effect at the end of 2024. Nonetheless, crypto businesses that want to operate within the EU, need to have Virtual Asset Service Provider (VASP) […]

2 months ago
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Top 10 Crypto-Friendly Countries in 2025

A “crypto-friendly” country fosters an environment where blockchain technology and cryptocurrencies thrive through clear regulations, tax benefits, and financial integration. These countries matter to investors and businesses by providing legal clarity, reducing tax burdens, and encouraging innovation. In 2025, global crypto adoption has surged, with more nations embracing blockchain for financial inclusion and economic growth, […]

2 months ago
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Brace for the Crypto Tax Storm: Blockpit CEO Florian Wimmer on the Global Crackdown

Based on the interview between Sergiu Hamza and Florian Wimmer on the October 7, 2024 Florian Wimmer sits poised in his Amsterdam hotel room, a serene oasis amidst the city’s bustling canals and cobblestone streets. “I’m here for the BTC Amsterdam Conference,” Florian mentions, settling comfortably into his chair. As the CEO of Blockpit, a […]

4 months ago