US Senators Proposed a tax-free bill for small crypto transactions. The bill demands cryptocurrency transactions less than $50 be exempt from taxation. Famed US Senators have proposed a new bill that would exempt modest crypto transactions from capital gains taxes. A proposed bill attempts to exempt Americans from keeping track
Bitstamp exchange laid a €10 fee on some inactive accounts. Customers should maintain a €200 balance. The world’s longest-standing cryptocurrency exchange Bitstamp intends to impose a monthly inactive tax on a subset of its users, in order to offset the impact of the market decline on the platform’s trading volume.
Two days from June 28 to 29, a panel of India’s top economic decision-makers will debate whether to levy an additional 28% tax on crypto transactions. In addition to the existing bitcoin income tax of 30%, the proposed tax will be imposed. Many believe that the two-day meeting won’t allow
The Senate advances a bipartisan infrastructure plan to collect extra taxes from the crypto investors and fund a $550 billion investment for transports and other utilities. The crypto-market is already dealing with issues from regulators in many countries, and now it is being burdened with additional-taxes. As the crypto industry
