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The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the 2024–25 tax year. Surge in ‘Nudge’ Letters Revealed by FOIA The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 “nudge” letters to … Read more
The Nigerian government will implement a new tax regime for cryptocurrency profits, effective January 2026. Some industry experts are questioning the timing and effectiveness of the tax but others see it as a step towards recognizing crypto as a legitimate financial instrument. Tax Structure and Exemptions for Traders The Nigerian government is set to introduce … Read more
Sen. Cynthia Lummis said she is drafting legislation to exempt small bitcoin transactions from capital gains taxes, responding to a suggestion from tech entrepreneur Jack Dorsey. Sen. Lummis Works on De Minimis Rule for Bitcoin Transactions The Wyoming Republican, Sen. Cynthia Lummis, a vocal cryptocurrency advocate, announced the effort on Oct. 9, 2025, aiming to … Read more
Buenos Aires is introducing a new taxation framework that will hit freelancers and stores receiving crypto with a 6% gross income tax when sold. Analysts state that, while the tax brings more clarity, it also goes against adoption. Buenos Aires Clarifies Crypto Taxation, but Analysts Still Complain The city of Buenos Aires is clarifying the … Read more
In a critical move toward shaping future U.S. tax policy, the Senate Finance Committee will evaluate how digital assets are treated under existing taxation frameworks. Set for Oct. 1, 2025, at 10 a.m. ET, the hearing—titled “Examining the Taxation of Digital Assets”—will be led by Chairman Mike Crapo (R-Idaho) and feature testimony from key industry … Read more
Bill Hughes, in charge of regulatory matters at Consensys, explained that starting this year crypto holders will be required to report their transactions on a wallet-by-wallet basis, making it more complex for users who have multiple wallets. Crypto Taxes Get Harder to File as IRS Enforces Per-Wallet Tracking Procedures While Trump has a different vision … Read more
India is set to enforce sweeping oversight of offshore crypto assets, adopting a global framework that enables automatic data sharing, tighter compliance, and greater regulatory transparency. India Adopts Global Framework to Expose Hidden Offshore Crypto Assets Global tax surveillance of digital assets is tightening, with India preparing to expand oversight of offshore cryptocurrency holdings. A … Read more
IRA Financial helps investors take control of their retirement savings with self-directed retirement solutions, unlocking the ability to invest in alternative assets like cryptocurrency. Adam Bergman is the founder of IRA Financial. He recently joined the Bitcoin.com News Podcast to talk about how every American can invest in bitcoin for tax free gains with a … Read more
India is intensifying tax enforcement on past crypto transactions, issuing official notices that demand detailed disclosures and warn of penalties for previously undeclared digital assets. India Ramps up Tax Enforcement on Past Crypto Deals and Undeclared Assets India’s tightening tax scrutiny has placed crypto investors under the spotlight as regulators expand enforcement on undisclosed digital … Read more
India’s top tax authority is actively engaging crypto platforms on tax rules, signaling momentum toward a potential dedicated framework that could redefine taxation, oversight, and market competitiveness. India Evaluates Crypto Market Taxation Amid Industry Demands for Policy Reform The Central Board of Direct Taxes (CBDT), India’s top direct tax authority, reportedly reached out to domestic … Read more
