crypto reporting – DIGIT INFO

Australia proposes stricter crypto rules to curb financial crime

DIGIT — Thu, 12 Dec 2024 10:09:07 +0000

Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.

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Blockchain advocacy group raises privacy concerns over IRS crypto tax form

DIGIT — Sat, 22 Jun 2024 08:59:52 +0000

The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting.

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Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports

DIGIT — Thu, 23 Jun 2022 14:00:45 +0000

The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value in euros, including details of transactions with the addresses of […]

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Report all crypto transactions or face 5-year jail term in South Korea

DIGIT — Tue, 16 Mar 2021 08:58:38 +0000

Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties.

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