Bitcoin24h $96,844.94-2.37%

Ethereum24h $2,741.00-2.57%

XRP24h $2.59-3.04%

BNB24h $656.97-1.14%

Solana24h $174.16-2.29%

Dogecoin24h $0.2446-5.02%

Cardano24h $0.7719-3.75%

TRON24h $0.2369-4.42%

Chainlink24h $17.65-6.08%

Avalanche24h $25.71-0.95%

MicroStrategy wanted bitcoin rule change — not billions in tax bills

MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.

Texas investor sentenced to two years after hiding BTC gains from taxman

According to the DoJ, Frank Richard Ahlgren III “falsely underreported capital gains” earned from BTC worth $3.7M between 2017 and 2019.

Ukraine is expected to legalize crypto in 2025 and will likely follow the securities model of taxing profits when assets are converted.

Norway’s largest crypto players were revealed to have tens of millions of dollars worth of assets despite declaring notably smaller incomes.

As Donald Trump gears up for a second term, crypto tax rates across the G7 may change. Here’s where they currently stand.