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Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration SaysIndividuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax Is Due on Profits From Crypto Trades, Bosnia Tax […]

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Georgia to Unveil New Cryptocurrency Law by This Fall

Georgia to Unveil New Cryptocurrency Law by This FallAuthorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. Central Bank of Georgia Talks Crypto Regulation With Market Players The National […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey

Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in TurkeyThe government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain industry. Turkey to Establish Regulatory […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils

Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report UnveilsCrypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance of crypto trade in 2022. Thailand Urges Crypto Traders to Report […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

Bank of Russia Has Tools to Restrict Crypto Investments, Governor HintsThe Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital AssetsThe number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have […]

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Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade SoarsAuthorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog SaysWith bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital Market Regulator to Look Into Crypto Trading if Central Bank Regulates […]

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Iranian Tax Agency to Profile Owners of Cryptocurrency Exchanges

Iranian Tax Agency to Profile Owners of Cryptocurrency ExchangesCryptocurrencies have been a cause for concern in Teheran as the digital assets have attracted capital from other, traditional markets. The parliament’s leadership has now asked the tax agency to profile the owners of Iranian platforms facilitating cryptocurrency trading and report to the Majlis. Parliament Speaker Asks Tax Agency to Report on Crypto Trading Platforms […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Piper Sandler Survey Shows 9% of American Teens Have Traded Cryptocurrency

Piper Sandler Survey Shows 9% of American Teens Have Traded CryptocurrencyThe American independent investment bank and financial services company, Piper Sandler has published its latest “Taking Stock With Teens” survey which notes that 9% of U.S. teenagers have traded cryptocurrencies. 7,000 teenagers were polled and roughly 81% of those who have traded digital currencies were male. 9% of American Teens Claim to Have Traded Crypto […]

Bitwise files Form S-1 for spot Solana ETF with SEC