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UK families face huge tax bills for locked crypto left by dead traders

The UK’s 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.

IMF warns crypto threatens tax collection

An IMF working paper highlights how the pseudonymous nature of cryptocurrency presents problems for tax collection.

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.