Bitcoin in Brief Thursday: OECD Explores Cryptocurrencies, Central Asian Powerhouse Calls for UN Crypto Rules

Bitcoin in Brief Thursday: OECD Explores Cryptocurrencies, Central Asian Powerhouse Calls for UN Crypto RulesIn today’s edition of Bitcoin in Brief we’re focusing on developments in the realm of international politics and economics regarding cryptocurrencies. The Organization of Economic Cooperation and Development is looking into the possible uses of digital coins and the associated technologies. Kazakhstan is calling for the adoption of common crypto rules by the United Nations, […]

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OECD Warns Crypto and Blockchain is Challenging Tax Transparency

OECD Identifies Crypto and Blockchain as Challenging Tax TransparencyThe Organization for Economic Cooperation and Development (OECD) has issued a report to the G20 finance ministers and central bank governors. The report examines the accomplishments and aims of the OECD in advancing its efforts to “redefine the international landscape,” identifying new technologies cryptocurrencies and distributed ledger technology as posing unique challenges to “tax transparency.” […]

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Aussie Crypto Traders Expect Tax Crackdown Ahead of New Regulations

With Australia set to introduce new legislation that will empower authorities to monitor and regulate the activities of cryptocurrency traders, many analysts are anticipating that the country’s bitcoin investors will face a crackdown from the the country’s tax office. Also Read:Australian High School to Host Information Night on Cryptocurrencies  Australia to Expand Regulatory Domain Over […]

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South Africa Wants to Track and Tax Bitcoin Trading

South Africa Wants to Track and Tax Bitcoin TradingIt’s said that nothing in this world is certain, except death and taxes. And at least for the latter we can be sure that the powers-that-be are not going to let this change without a fight. The latest country now known to be looking at taxing bitcoin trading is South Africa. Also Read: Tax Investigators […]

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