Crypto Tax

July 07, 2023

Nigerian crypto tax move is ‘premature’ — Local stakeholders

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.   Obinna Iwunna, the president of […]
May 30, 2023

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.   […]
May 10, 2023

Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ

Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.   US President Joe Biden […]
January 25, 2023

Arizona lawmakers seek to make crypto a tax-exempt property

Should the bill pass the legislature, Arizona voters will decide whether the virtual currency is tax-exempt as part of a November 2024 ballot measure.   Arizona’s […]

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