income – Page 2 – DIGIT INFO

UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility

Brazilian UFC fighter Luana Pinheiro becomes the first female sportswoman in Latin America to receive her entire salary in BTC.

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CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?

Cointelegraph spoke to CeFi leaders to understand where interest rates are going and what the future holds for CeFi.

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Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the […]

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Can crypto be used to prove financial independence for travel visas?

“There could be individual situations where a consulate might also accept other proof of assets, such as crypto-assets,” said Laura Bernard of the European Commission.

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Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains

As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income related to cryptocurrencies. Thai Politicians Warn About Negative […]

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Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

Russian Officials Back Idea to Recognize Crypto Miners as Entrepreneurs

Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the […]

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Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

Kazakhstan Imposes Purchase Limits for Retail Crypto Investors

Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan […]

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Puerto Rico sees resurgence of interest among crypto rich

Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper.

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Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests

A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total exceeds a certain amount. Candidates to […]

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Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds

Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans Reject Tax on Crypto Profits According to the poll, a […]

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