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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

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

South Korea's crypto taxation saga continues. The government is eyeing a third postponement of its cryptocurrency gains tax. This move comes as investors voice concerns over system readiness and market uncertainty. A six-year setback looms. The ruling party's new bill could push the tax implementat

The Argentine government has introduced new measures for cryptocurrency holders. Citizens can avoid certain taxes by declaring their digital assets. The move aims to bring crypto into the financial mainstream, and might be seen as a part of wider crypto adoption and overall economy liberalization.

Congressman Matt Gaetz has introduced revolutionary legislation to allow federal income tax payments in Bitcoin. If that happens indeed, there's going to be another huge milestone on a path to mass Bitcoin adoption. The bill aims to amend the Internal Revenue Code of 1986. It would require the Trea