Category: Law of the Chain
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Japan considers implementing a twenty percent tax rate on cryptocurrency assets
Japan’s proposed 20% tax rate on crypto assets aims to standardize taxation, reflecting regulatory efforts to integrate digital currencies into the formal economy and boost revenue.
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White House reviews IRS proposal to tax US citizens outbound crypto holdings
The White House is reviewing an IRS proposal to tax outbound crypto holdings, signaling potential global tax enforcement expansion and increased compliance burdens for international cryptocurrency transactions.
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White House taxes foreign crypto holdings as dormant wallets transfer 4,668 BTC
The White House is implementing taxation on foreign cryptocurrency holdings as dormant wallets transfer 4,668 BTC, indicating regulatory tightening and potential market liquidity shifts.
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Binance will invest over four billion dollars in America if refunded after CZ pardon
Binance’s proposed investment signals potential US market re-entry and regulatory reconciliation, impacting crypto exchange competition and institutional adoption trends.
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Fidelity files Solana ETF application for New York Stock Exchange listing
Fidelity’s Solana ETF filing signals institutional validation of alternative cryptocurrencies, potentially expanding digital asset investment options beyond Bitcoin and Ethereum for mainstream investors.
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UK hacker ordered to repay $5 million for Musk and Obama Twitter Bitcoin scam
UK court orders restitution for high-profile Twitter hack targeting Elon Musk and Barack Obama, demonstrating legal consequences for cryptocurrency-related cybercrime and social media platform vulnerabilities.
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White House reviews IRS proposal on taxing Americans foreign cryptocurrency holdings
The White House is reviewing an IRS proposal that would impose tax reporting requirements on Americans holding cryptocurrency in foreign accounts, affecting global compliance standards.
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White House reviews proposed IRS rule to tax foreign crypto accounts
The White House is examining a proposed IRS regulation that would impose taxes on Americans’ foreign cryptocurrency holdings, potentially increasing tax compliance scrutiny for international crypto investors.
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Ripple executive discusses tax issues on XRP Ledger transactions
Ripple executive discusses tax implications for XRP Ledger transactions, highlighting regulatory compliance challenges facing enterprise blockchain adoption and digital asset frameworks.
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Japan plans to reduce cryptocurrency taxes by thirty two percent
Japan’s proposed tax reduction aims to boost cryptocurrency adoption and market competitiveness by aligning with global standards and encouraging domestic investment.
