Law – Page 79 – DIGIT INFO

Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.

From taxes to electricity, blockchain adoption is growing in Austria

The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech.

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EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns

The proposed legislation would require exchanges to verify personal data behind any transaction.

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Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies

Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global finances. Finance Ministry’s Push to Legalize Russian Crypto Space Gains Traction Russian authorities are […]

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US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation

Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill.

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Colorado accepts tax payments in crypto: Was it just a matter of time?

Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit.

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‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee

The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law.

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Tax man: India’s new tax policies could prove fatal for crypto industry

India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry.

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Russian Law Requires Election Candidates to Disclose Their Crypto Assets

The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians to Declare Their Cryptocurrency Funds Before Elections Members of the State Duma, […]

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Proposal for crypto tax policy in India will go to parliament on March 24

First announced by India’s finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions.

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