Panama’s crypto law nixes cap gains, stops short of legal tender

The Panamanian Legislative Assembly has unanimously passed a bill recognizing digital assets as foreign-source income in a 40-0 vote.
The Panamanian Legislative Assembly has unanimously passed a bill recognizing digital assets as foreign-source income in a 40-0 vote.
After pushback from local industry insiders, Thailand has dropped its plans for a 15% crypto tax that would’ve penalized traders.
The IRS is gearing up for a wave of NFT-related tax evasion cases, with many collectors still not sure how to declare crypto assets.