In Germany, cryptocurrencies gained a lot of popularity. According to current estimates, 5.8% of Germans possess cryptocurrency, with Bitcoin being the most popular cryptocurrency. It’s not common knowledge that Germany has advantageous or low tax rates. Germany does, however, have a rather advantageous tax structure for cryptocurrencies. Its modern technological infrastructures further make it among the ...
When dealing with cryptocurrencies like Bitcoin or Ethereum, it’s important to understand crypto taxation. Just like with regular money, you may have to pay taxes on activities such as buying, selling, or earning with crypto. Not following crypto taxation rules can lead to problems with tax authorities like the IRS. What is Crypto Taxation? Crypto ...
Cryptocurrencies, once a specialized technology primarily used by computer enthusiasts, are now rapidly expanding into a worldwide financial sector. Bitcoin (BTC) has served as a model for tens of thousands of different cryptocurrencies, each with its own set of characteristics and applications. Governments and regulatory agencies from all around the world have struggled to control and ...
Cryptocurrencies, like Bitcoin, are greatly influenced by rules, playing a crucial role in shaping public perceptions and determining their value. As crypto regulations governing these digital assets have evolved globally, their impact on the behavior of cryptocurrency markets has become increasingly evident. Examining the historical context reveals the significant influence of regulatory milestones on market ...
Uruguay has emerged as a leader in Latin American crypto regulation with the passing of Law 20.345, signed by President Luis Lacalle Pou after more than two years of work. What Does the New Law Entail? The new legislation officially recognizes cryptocurrencies as virtual assets and designates the Central Bank of Uruguay as the primary ...
Stefan Sanetrik
Stefan Sanetrik
