Taxes

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Several States Spearhead Bitcoin Adoption in the U.S.

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U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like Arizona, Tennessee, and … Read more

Japanese Crypto Investors Flee Capital Gains Taxation of up to 55%

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Reports have indicated that some investors are relocating in search of alternative taxation regimes in order to avoid heavy capital gains taxes. Japan currently taxes capital gains on profits derived through virtual currency trading at between 15% and 55%. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors Japanese Crypto Traders Prepare for Tax … Read more

Arizona Legislators Pass Bill Allowing Tax Payments in Bitcoin

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Legislators all over the world are keeping a close eye on cryptocurrency. With the global demand for Bitcoin rising once again, we can only hope to see more use cases for the world’s leading cryptocurrency. It seems that is finally happening in the state of Arizona right now. More specifically, its state senate passed a measure allowing residents to … Read more