News Summary News 1 On April 10, 2025, U.S. President Trump signed a congressional joint resolution overturning a regulation from the Biden administration that required decentralized finance (DeFi) protocols to report relevant information to the U.S. tax authority, the Internal Revenue Service. Under the original regulation,...
Current issues in crypto project disclosures—such as insufficient content, weak industry self-regulation, and inadequate government oversight—severely harm investor rights. These problems stem from both external market conditions and flaws in project accounting and auditing.This article analyzes disclosure issues in ICO/IEO projects, explores their causes, and proposes lessons for...
Abstract This article summarizes key tax and regulatory developments in the global cryptocurrency industry during the second half of February 2025. On taxation, both the United States and Nigeria have introduced notable measures. In the U.S., Ohio lawmakers proposed a bill to prohibit additional taxes on cryptocurrency payments, while...
As cryptocurrencies become more widely adopted, managing taxes for digital assets has become a critical concern for both individual investors and businesses. Given the volatile nature of cryptocurrencies and the diverse range of transactions, proper tax management can be challenging. Fortunately, advanced Crypto Tax Management Solutions are now available...
Abstract This report summarizes the tax and regulatory policy developments in the global cryptocurrency sector during the first half of November 2024. On the tax front, Italy adjusts the cryptocurrency tax rate to 28%. The United States – IRS: Cryptocurrency rewards must be taxed even if the account is...
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains...
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