Tag: Tax

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal

Bitcoin mining has recently been in the spotlight as a potential beneficiary in a pivotal trade. Ohio Representative Warren Davidson revealed that an interim deal, designed to stop the United States government from defaulting on its debts, could bring relief to cryptocurrency miners. In particular, Read More

Bitcoin Miners Sound Alarm On Proposed US Tax, CEO Warns Of Offshore Exodus

Bitcoin Miners Sound Alarm On Proposed US Tax, CEO Warns Of Offshore Exodus

Bitcoin miners face a tough spot when Marathon Digital CEO Fred Thiel sounds the alarm over US President Joe Biden’s proposed tax policy. With the possible implementation of new taxes targeting US Bitcoin miners, Thiel said the intended revenue gains could be overshadowed by an Read More

Crypto Tax in 2020: A Comprehensive Guide

Crypto Tax in 2020: A Comprehensive Guide

Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how digital assets should be handled. To make things easier, we’ve put together a comprehensive guide to bring you up to speed on Read More