Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens.
Aksakov
bills
Crypto
crypto mining
crypto payments
Cryptocurrencies
cryptocurrency
DFAs
Digital Assets
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international settlements
Laws
Mining
regulation
Regulations
rules
Russia
russian
Tax
Taxation
Taxes
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital…
Bitcoin
Bitcoin Mining
Crypto
crypto miners
crypto mining
Cryptocurrencies
cryptocurrency
Electricity
Energy
FEE
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Hashrate
Kazakhstan
Law
Legislation
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mining sector
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Taxation
Taxes
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that…
Kenya considers tax on crypto, NFT transfers and online influencers
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.
Biden
CEA
climate change
Council of Economic Advisers
DAME
Digital Asset Mining Energy
Electricity
Tax
White house
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
Revolut taps Koinly for cryptocurrency tax reports
Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.