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Italy's Guardia di Finanza has uncovered a €500,000 tax evasion operation tied to undeclared Bitcoin and Ethereum (ETH) holdings and a concealed cryptocurrency mining setup. Six individuals across four Italian regions face tax assessments, plus additional administrative penalties on top of the base

House Ways and Means Committee members released a bipartisan framework Saturday that would exempt small stablecoin transactions from capital gains taxes while offering cryptocurrency stakers a five-year tax deferral option. Representatives Max Miller (R-Ohio) and Steven Horsford (D-Nevada) unveiled

Britain's tax authority will begin comprehensive monitoring of cryptocurrency transactions starting January 1, 2026, marking a significant escalation in government efforts to close tax compliance gaps in the rapidly growing digital asset sector. HM Revenue & Customs has published regulations requiri

South Africa is ramping up its cryptocurrency tax system with the announcement of new compliance measures. The South African Revenue Service (SARS) has revealed it is integrating crypto assets into the compliance framework to ensure crypto taxpayers are not evading taxes. The move aims to speed up t

The United Arab Emirates has announced a significant tax exemption for cryptocurrency transactions. According to The Federal Tax Authority (FTA), from November 15, 2024, all cryptocurrency exchanges and conversions will be exempt from Value Added Tax (VAT). The move aims to attract both individual a