Tax Agency Starts Checking Crypto Traders in Romania

Tax Agency Starts Checking Crypto Traders in RomaniaAuthorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million of undeclared crypto gains. Tax Authority in Romania Verifies […]

Go to Source

Powered by WPeMatico

EU Makes Deal on MiCA Legislation to Regulate Crypto Markets

EU Makes Deal on MiCA Legislation to Regulate Crypto MarketsRepresentatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions. […]

Go to Source

Powered by WPeMatico

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

EU Agreement Reached on Anti-money Laundering Rules for CryptocurrenciesEuropean institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on AML […]

Go to Source

Powered by WPeMatico