Bitcoin24h $99,601.85-2.56%

Ethereum24h $3,104.41-5.75%

XRP24h $2.85-6.16%

Solana24h $209.63-9.43%

BNB24h $655.69-3.15%

Dogecoin24h $0.3007-8.42%

Cardano24h $0.8758-7.42%

TRON24h $0.2413-5.47%

Chainlink24h $22.53-12.62%

Avalanche24h $31.07-10.18%

No, Louisiana is not accepting crypto for tax payments

According to a screenshot posted to X, Louisiana residents “can now use bitcoin and Bitcoin Lightning Network to pay taxes and fees.”

Fake news again! This time it’s Kamala Harris and ‘unrealized crypto gains’

Many were led to believe that Kamala Harris’ unrealized gains tax would force them to sell off their crypto and mail the proceeds to the IRS.

Spanish authorities will be able to seize crypto assets when executing taxpayer debts when reforms to the country’s tax laws come into force.

HMRC has reminded UK crypto traders to pay taxes when they receive crypto as part of a trade or via income from crypto-related activities.

Genesis stands to benefit from $700 million of “federal net operating loss carryforwards,” if DCG keeps hold of at least 80% of the firm.