This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis was, NLW argues, a very good week for crypto. He covers:The mayor of Rio announcing big bitcoin/crypto support this weekStrike launching in ArgentinaNorthwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the regionA congressman introducing legislation to ban … [Read more...] about Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
Taxes
Coinbase, PayPal, FTX.US and More Join TaxBit’s Free Filing Network for Crypto Taxes
The TaxBit Network includes participants from crypto native companies BlockFi, OKCoin, Paxos, Coinbase, Strike, Coinlist, CEX.io, Blockchain.com, Gemini, Uphold, FTX.US, Binance.US and Celsius Network; more traditional fintech firms like SoFi, PayPal and its Venmo subsidiary; and decentralized finance startups like SuperRare and Uniswap, among others. Source link … [Read more...] about Coinbase, PayPal, FTX.US and More Join TaxBit’s Free Filing Network for Crypto Taxes
Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
“Japanese tax regulation is crazy and wrong,” Genki Oda, president of crypto exchange BITPoint, told CoinDesk. If the authorities were to make the tax law on crypto equivalent to that of stocks, he estimated that JPY 10 trillion to JPY 20 trillion ($88 billion to $175 billion) would return to Japan’s crypto markets. Source link … [Read more...] about Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
UN’s COP26 climate change goals include emerging tech and carbon taxes
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The 2021 United Nations Climate Change Conference (COP26), where I exhibited my art, took place in … [Read more...] about UN’s COP26 climate change goals include emerging tech and carbon taxes
Florida County Miami-Dade to ‘Study Feasibility’ of Paying Taxes With Crypto
Miami-Dade County in Florida has approved a resolution to create a taskforce to study the feasibility of accepting crypto as a form of payment for taxes.The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday.First and foremost, the taskforce will explore how … [Read more...] about Florida County Miami-Dade to ‘Study Feasibility’ of Paying Taxes With Crypto