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3232UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
https://www.digit.info/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/
Thu, 16 Mar 2023 02:49:56 +0000https://www.digit.info/2023/03/16/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/Read more]]>Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]
]]>US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
https://www.digit.info/us-court-authorizes-irs-to-issue-summons-for-crypto-investors-records/
Mon, 26 Sep 2022 00:00:30 +0000https://www.digit.info/2022/09/26/us-court-authorizes-irs-to-issue-summons-for-crypto-investors-records/Read more]]>The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains a critical tool in catching […]
]]>Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
https://www.digit.info/harris-poll-report-finds-that-71-of-crypto-investors-are-confident-they-will-become-billionaires/
Tue, 20 Sep 2022 08:30:43 +0000https://www.digit.info/2022/09/20/harris-poll-report-finds-that-71-of-crypto-investors-are-confident-they-will-become-billionaires/Read more]]>A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto Still […]
]]>Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse
https://www.digit.info/study-25-of-us-crypto-investors-either-own-or-plan-to-acquire-land-in-the-metaverse/
Fri, 22 Apr 2022 22:49:42 +0000https://www.digit.info/2022/04/22/study-25-of-us-crypto-investors-either-own-or-plan-to-acquire-land-in-the-metaverse/Read more]]>A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less Likely to Own/Rent […]
]]>Deloitte: 82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity
https://www.digit.info/deloitte-82-of-indians-surveyed-plan-to-invest-in-crypto-once-government-provides-regulatory-clarity/
Tue, 01 Feb 2022 03:30:42 +0000https://www.digit.info/2022/02/01/deloitte-82-of-indians-surveyed-plan-to-invest-in-crypto-once-government-provides-regulatory-clarity/Read more]]>A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Moreover, 77.4% of respondents want cryptocurrency to be treated as securities. Indian Crypto Survey: 82% Plan to Invest in Crypto Once It Is Regulated Professional services firm Deloitte […]
]]>Market Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower
https://www.digit.info/market-analyst-says-whole-crypto-sphere-is-in-a-bear-market-as-prices-continue-to-slide-lower/
Tue, 14 Dec 2021 14:15:58 +0000https://www.digit.info/2021/12/14/market-analyst-says-whole-crypto-sphere-is-in-a-bear-market-as-prices-continue-to-slide-lower/Read more]]>The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid 4.8% during the last seven days and ethereum has dropped 11.7% last week. The downward spiral has cryptocurrency advocates questioning whether or not the bull […]
Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains a critical tool in catching […]
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto Still […]
A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less Likely to Own/Rent […]
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Moreover, 77.4% of respondents want cryptocurrency to be treated as securities. Indian Crypto Survey: 82% Plan to Invest in Crypto Once It Is Regulated Professional services firm Deloitte […]
The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid 4.8% during the last seven days and ethereum has dropped 11.7% last week. The downward spiral has cryptocurrency advocates questioning whether or not the bull […]