tax

In a surprising move, the U.S. Senate passed President Donald Trump’s budget bill without including cryptocurrency tax provisions. This decision leaves small crypto transactions under $300 subject to taxation, dashing hopes for a much-anticipated exemption. What Does the Budget Bill Mean for Crypto Tax? The budget bill’s passage without crypto tax provisions marks a significant […]

Indonesia is tightening its grip on the cryptocurrency market with sweeping tax reforms. Starting August 1, 2025, overseas crypto sellers will face a doubled tax rate of 1%, while domestic miners see their VAT obligations jump to 2.2%. These bold moves aim to capture revenue from a market that saw transactions worth 650 trillion rupiah […]

Could small crypto transactions soon be tax-free? U.S. Senator Cynthia Lummis is leading the charge to include a crypto tax exemption in the proposed ‘One Big Beautiful Bill Act,’ a move that could save everyday investors hundreds of dollars annually. What Does the Crypto Tax Exemption Proposal Entail? The provision, as reported by CoinDesk, would […]