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3232Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
https://www.digit.info/kazakhstan-makes-1-5-million-from-crypto-mining-sector-in-q1/
Wed, 01 Jun 2022 08:30:03 +0000https://www.digit.info/2022/06/01/kazakhstan-makes-1-5-million-from-crypto-mining-sector-in-q1/Read more]]>The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost […]
]]>Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
https://www.digit.info/kazakhstan-to-increase-tax-for-miners-considers-tying-levy-to-crypto-prices/
Fri, 15 Apr 2022 10:00:56 +0000https://www.digit.info/2022/04/15/kazakhstan-to-increase-tax-for-miners-considers-tying-levy-to-crypto-prices/Read more]]>The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value […]
]]>Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
https://www.digit.info/kazakhstan-mulls-fivefold-increase-of-electricity-tax-on-crypto-mining/
Wed, 09 Feb 2022 05:00:51 +0000https://www.digit.info/2022/02/09/kazakhstan-mulls-fivefold-increase-of-electricity-tax-on-crypto-mining/Read more]]>Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More […]
]]>Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
https://www.digit.info/political-parties-in-thailand-voice-opposition-to-government-plan-to-tax-crypto-gains/
Thu, 13 Jan 2022 06:30:46 +0000https://www.digit.info/2022/01/13/political-parties-in-thailand-voice-opposition-to-government-plan-to-tax-crypto-gains/Read more]]>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 […]
]]>Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey
https://www.digit.info/ruling-party-sources-deny-plan-to-levy-40-tax-on-crypto-yields-in-turkey/
Sun, 09 Jan 2022 11:30:40 +0000https://www.digit.info/2022/01/09/ruling-party-sources-deny-plan-to-levy-40-tax-on-crypto-yields-in-turkey/Read more]]>The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain industry. Turkey to Establish Regulatory […]
]]>Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
https://www.digit.info/crypto-investors-in-thailand-to-pay-15-capital-gains-tax-report-unveils/
Fri, 07 Jan 2022 12:00:52 +0000https://www.digit.info/2022/01/07/crypto-investors-in-thailand-to-pay-15-capital-gains-tax-report-unveils/Read more]]>Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance of crypto trade in 2022. Thailand Urges Crypto Traders to Report […]
]]>Onecoin Victims Petition Bulgaria for Seizure of Assets and Compensation
https://www.digit.info/onecoin-victims-petition-bulgaria-for-seizure-of-assets-and-compensation/
Fri, 19 Nov 2021 18:30:00 +0000https://www.digit.info/2021/11/19/onecoin-victims-petition-bulgaria-for-seizure-of-assets-and-compensation/Read more]]>A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional Ombudsman, Jonathan Levy accuses officials in Sofia of failing to provide justice to the […]
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost […]
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value […]
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More […]
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 […]
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain industry. Turkey to Establish Regulatory […]
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance of crypto trade in 2022. Thailand Urges Crypto Traders to Report […]
A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional Ombudsman, Jonathan Levy accuses officials in Sofia of failing to provide justice to the […]