The Digital Chamber Sues the State of Illinois Over First-Ever 0.2% Crypto Tax
Key TakeawaysThe Digital Chamber filed suit in Sangamon County on July 21, against Illinois’ new crypto tax.The 0.2% tax on ...
Tag: tax
Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028
Japan's House of Councilors approved Cabinet Bill 57 by majority vote on July 15, completing Diet passage of legislation that ...
UK Adopts ‘No Gain, No Loss’ Tax Treatment For Crypto Lending And Liquidity Pools
The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, ...
DeFi hacks are turning high yields into a hidden liquidity tax
DeFi's latest exploit chatter is pointing traders toward a cost that does not appear in pool APYs: the price of ...
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
In brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The ...
Senate Could Unveil Crypto Tax Bill by Fall 2026 as CLARITY Act Push Continues, GOP Senator Daines Says
Key TakeawaysSen. Steve Daines said the Senate could release a crypto tax bill by fall 2026, with a framework already ...
Crypto Lobby Pushes Congress To Keep Staking And Mining Tax
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Crypto trade groups are urging ...
Illinois Governor JB Pritzker Greenlights Crypto Tax of 0.2% on Every Transfer Starting 2027
Key TakeawaysIllinois’ Digital Asset Tax Act imposes a 0.2% levy on crypto transfers effective Jan. 1, 2027, regardless of profit.The ...
Retail Crypto Trading in Japan May Face Major Reset as Tax Cut Plan Advances in Lower House
Axi Review: Platforms, Regulation & Trading Features Explained | Finance Magnates Axi Review: Platforms, Regulation & Trading Features Explained | ...
Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules
Key TakeawaysKenyan Treasury CS Mbadi denied reports of new crypto or bread taxes on May 25 to calm public panic.KPMG ...
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