The cryptocurrency world is abuzz with significant news. **Roger Ver**, often known as ‘Bitcoin Jesus’ and the former **Bitcoin.com CEO**, has reached a crucial agreement. He will pay an astounding **$48 million fine** to the U.S. Department of Justice (DOJ). This settlement addresses long-standing charges of **Roger Ver tax evasion**, marking a pivotal moment in […]
The world of digital assets is constantly evolving, and with its rapid growth comes a critical challenge: ensuring fair and effective taxation. For crypto enthusiasts and investors in South Korea, a significant development is on the horizon. Lim Kwang-hyun, the nominee for Commissioner of South Korea’s National Tax Service (NTS), has made a powerful commitment […]
The world of cryptocurrency, once seen by some as an unregulated frontier, is rapidly evolving, especially concerning taxation. In a significant move, Indian tax authorities are demonstrating how advanced technology can bridge the gap between digital innovation and fiscal responsibility. They’re leveraging cutting-edge AI to detect crypto evasion, signaling a new era of enforcement and […]
Are you a cryptocurrency holder, especially one with international dealings? If so, recent news from South Korea should be on your radar. Lim Kwang-hyun, the nominee to lead South Korea’s National Tax Service (NTS), has made a significant pledge: a firm and uncompromising crackdown on tax evasion, particularly involving private equity funds and, crucially, cryptocurrencies. […]
The White House has unveiled a groundbreaking crypto reporting framework aimed at tightening oversight of digital assets and combating offshore tax evasion. This bold move could reshape the future of cryptocurrency regulation in the U.S. Here’s what you need to know. What Does the Crypto Reporting Framework Propose? The new policy focuses on three key […]
Attention, cryptocurrency enthusiasts and investors in India! A significant development has emerged regarding tax compliance in the digital asset space. Recent reports confirm that Indian authorities are actively investigating cases of **crypto tax evasion**. This news, initially reported by JinSe Finance and now confirmed by Indian officials, signals a clear intent by the tax department […]
Hold onto your hats, crypto enthusiasts! The world of NFTs, often perceived as a wild west of digital assets, just got a stark reminder of real-world regulations. A U.S. man is staring down a potential six-year prison sentence after confessing to tax evasion on his substantial income from trading CryptoPunks NFTs. Yes, you read that […]
In a surprising turn of events, Ross Ulbricht, the name synonymous with the now-defunct Silk Road marketplace, has once again stepped into the cryptocurrency spotlight. Pardoned by former President Donald Trump after serving time for his role in the dark web platform, Ulbricht recently took to X (formerly Twitter) to voice his opinion on a […]
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