Bitcoin24h $66,468.64+4.13%

Ethereum24h $1,983.96+6.50%

BNB24h $622.96+4.62%

XRP24h $1.38+6.35%

Solana24h $85.18+7.98%

TRON24h $0.2811+0.64%

Dogecoin24h $0.0936+5.26%

Cardano24h $0.2781+5.60%

Bitcoin Cash24h $446.96+0.20%

UNUS SED LEO24h $9.05+2.48%

Ohio senator re-introduces failed crypto tax plan

A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets.

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.”

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.