Crypto Tax

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

Source Node: https://cryptoslate.com/ted-cruz-says-crypto-got-screwed-after-senate-votes-on-infrastructure-bill/
Time Stamp: August 10, 2021 1:00 PM - Modified On: August 10, 2021 - Published By:
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Republished By Plato

In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provisionTed Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto got screwed tonight,”he wrote, noting that the disagreement over the issue of spending took a partisan dimension with Democrats voting against its change.🚨Crypto got screwed tonight.🚨There’s a partisan disagreement on spending, so Dems objected to ALL further amendments.That

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Source Node: https://cryptopotato.com/cardano-founder-charles-hoskinson-calls-for-mass-rally-against-u-s-crypto-taxation-bill/
Time Stamp: August 10, 2021 11:35 AM - Modified On: August 10, 2021 - Published By:
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Republished By Plato

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

Cryptocurrency News From Japan: August 2 – August 8 in Review

Source Node: https://cointelegraph.com/news/cryptocurrency-news-from-japan-august-2-august-8-in-review
Time Stamp: August 8, 2020 3:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

This week’s headlines from Japan included Coincheck readying its digital shareholder meeting solution, GMO Coin announcing negative leverage trading fees, Decurret testing transactions with a power company, Japanese authorities proposing tax changes, and Japanese finance company FISCO developing apps for shareholder voting and staking. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Coincheck setting up for digital shareholder service As Tokyo-based crypto exchange Coincheck readies its new digital meeting avenue, the exchange's co-founder expressed confidence in the project. Known as Sharely, unveiled in June 2020, the