Crypto Tax

Energy is now the main choke point for crypto mining. New York’s 2025 bill shows how states can price miners out without banning them. Renewable-only exemptions will create a two-tier mining industry. Rising energy taxes stack on top of already thin mining margins. Mining will migrate to jurisdictions that want the load and have cheap […]...

From 1 January 2026, EU-licensed crypto platforms must collect user and transaction data for tax reporting under DAC8.  CARF makes this automatic across 51+ jurisdictions, including many classic offshore hubs that agreed to exchange data from 2027.  The OECD CARF XML schema reports not just trades but also wallet transfers, linking KYC’d users to on-chain […]...

France is moving from taxing crypto when you sell to possibly taxing it every year. Lawmakers put crypto in the same “unproductive” bucket as yachts and art, which doesn’t match how crypto is actually used. The proposal ignores founders and teams who hold locked or illiquid tokens. Annual valuation on volatile assets will push the […]...

Summary Ohio plans to have crypto payments first, reserves later. The agency never holds crypto, never manages wallets or keys, and books everything in dollars. Any reserve law needs caps, custody rules, and reporting in statute. Politics matter as much as tech, and PAC incentives shape calendars. “Pro-innovation, tough on crime” is the workable middleground. […]...

Summary Memecoins are taxed the same as other cryptocurrencies, regardless of their origin or utility. Every transaction (buying, selling, swapping, or spending) can create a taxable event. Short-term gains face higher tax rates than long-term gains, making holding periods critical. Accurate record-keeping and setting aside funds for taxes prevent liquidity issues at filing time. Rules […]...

Summary The 2011 bitcoin purchase at the center of the case was judged speculative despite claims of technical intent. Courts rely on objective factors like volatility, marketability, purchase volume, and early sales when deciding if intent was speculative. Profits from speculative crypto sales are taxed as personal income in Denmark, with combined rates often exceeding […]...

Crypto investors in the U.S. are heading into 2025 with more scrutiny than ever before. The IRS has introduced new reporting rules, sharper enforcement, and fresh deadlines that bring digital assets firmly into focus. For most taxpayers, the deadline to file is April 15, 2025, while those living abroad have until June 15. If you […]...

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 […]...

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 […]...

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) […]...

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 2026, global crypto adoption has surged, with more nations embracing blockchain f...

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 signif...

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 […]...