March 2023
Death and crypto taxes: Which one inspires greater dread?
Filing taxes on crypto assets is a ‘massive pain in the proverbial butt,’ writes Don Gossen of Nevermined. As IRS deadlines loom large, how can responsible investors avoid underreporting or overpaying?
Thailand Turns to Crypto
Thailand’s recent crypto tax waiver announcement could be a gamechanger in boosting Thailand’s economy.
March 2023
March 2023
Indian Budget Ahead
India’s crypto tax laws have caused local trading volume to plummet and the industry is hoping for better news in the upcoming budget session.
NFT December sales surge to highest since June amid ‘tax-loss harvesting’
Slump in prices of some non-fungible tokens and other digital assets allows U.S. holders to take advantage of a loophole to reduce capital gains taxes.
Alameda Research transfers spark suspicions as SBF denies involvement
Top blockchain and crypto news: Where is Alameda Research’s money going? US tax loophole may give crypto investors a break. China’s blockchain momentum builds.
March 2023
The Taxman Cometh
Crypto tax laws aren’t easy to follow, and as more investors are moving to put their cryptocurrencies into ledgers, how do traders keep track?
Will the next wave of FTX victims be unwitting tax cheats?
When a crypto exchange fails, will your transaction records vanish, too? Here’s why investors should take responsibility over their own trading data.
December 2022
India’s headache, or opportunity?
India’s crypto sector has been having a tough time – we’re taking a look on what has been happening lately.
India’s crypto taxes provide headache for many, opportunity for some
One company says it’s bringing solutions for confused investors in digital assets in India who grapple with hours of tax calculations.
How will the crypto tax debate play out in the UK?
Like many nations, the UK is formulating new rules and guidelines for crypto taxation. Will they help or hinder its crypto hub aspirations?
October 2022
India crypto exchanges plan long-term future as day traders flee
In facing a government hostile to cryptocurrency trading, Indian exchanges are trying to attract new business with suites of different investment products.
South Korea’s taxman keeps circling crypto – airdrops look to be the next target
South Korea last week said crypto token airdrops are subject to a gift tax of as much as 50% under existing laws, but what is the likelihood this rule can be applied to digital holdings?
MicroStrategy and Michael Saylor sued by District of Columbia for evading taxes
The software enterprise company is accused of helping Saylor misstate his residential address to avoid paying taxes in a district where residents pay the most in federal taxes per capita.
October 2022
Nomad’s US$200 million hack; Saylor steps down
Nomad loses US$200 million after over 300 suspected of participating in the hack. Meanwhile, Michael Saylor moves from CEO to Chairman of Microstrategy.
August 2022
July 2022
June 2022
May 2022
Coinbase snafu sets the cat among the crypto pigeons in India
Coinbase’s showcasing of support by government-backed National Payments Corporation of India (NPCI) set the ball rolling on the cryptocurrency exchange being yanked from the ubiquitous Unified Payments Interface (UPI).
India to make life hell for crypto investors: MP
India needs to discourage people from investing in cryptocurrencies and digital assets, a senior MP from the ruling party told Forkast in an exclusive interview.
China’s e-CNY push; India’s crypto tax kicks in
India’s long-awaited crypto tax comes into effect. Meanwhile, China expands the digital yuan program.
April 2022
India’s tax bogeyman is scaring off young crypto investors
The country’s attempt to profit from digital asset gains puts off new investors to the asset class, even as existing ones redeploy funds into traditional assets.
Killing it softly or regulating to innovate? India at the crypto crossroads
India’s crypto tax represents both a threat to the industry and an opportunity to create a regulatory framework to support it, says Polygon’s Jaynti Kanani.
Bollywood Icon’s Tax Bill; Metaverse Fashion Week Opens
Chinese telecom ZTE registers metaverse-related trademarks. Meanwhile, Bollywood star gets chased over NFT taxes.
Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale
Bollywood icon Amitabh Bachchan is in the crosshairs of Indian tax authorities again, this time for NFT sales.
Malaysia’s crypto proposal; Hong Kong’s 11-yr-old NFT coder
A Malaysian minister has proposed making Bitcoin a legal tender. Meanwhile in Hong Kong, an 11-year-old programmer makes his way into the NFT business.
India’s crypto GST plan; Australia’s crypto reforms
South Korea prepares for the imposition of FATF travel rule heat up. Meanwhile in Australia, reforms are set to be introduced for the crypto sector.
March 2022
Indian exchanges scramble to implement crypto tax by April 1 deadline
Exchanges say the crypto tax was announced without key directives. While exchanges await clarity, they struggle to figure out their role in the tax system.
Indian crypto tax creates more confusion than clarity for traders, exchanges
The announcement of a crypto tax dispelled fears of a ban but left exchanges wondering whether they may be hurt in the long run.
Bithumb goes for Olympic gold; India crypto tax questions
South Korean crypto exchange Bithumb goes for Olympic gold, meanwhile in India clouds cast over crypto tax questions
North Korea gains from cyberattacks; Russia crypto mining tax?
North Korea is benefits financially from the crypto cyberattacks. Also, is Russia looking to tax crypto mining soon?