House Committee Unveils 7 Crypto Tax Drafts—A Major Overhaul Of How Digital Assets Are Taxed

The significant losses highlight the volatility and risk of concentrating corporate treasuries in digital assets, impacting investor confidence. The post Strategy reports $13B loss, Bitmine $10B loss amid market decline appeared first on Crypto Briefing.

Greece has prepared plans for a 15% cryptocurrency capital gains tax as officials move to bring digital assets into the country’s tax system. According to a report, Greece’s Finance Ministry is drafting legislation that would impose a 15% tax on…

Japan's yen weakness could destabilize global markets, impacting digital assets and forcing policy shifts amid economic and political pressures. The post Japan’s yen weakness raises concerns for policymakers despite record intervention spending appeared first on Crypto Briefing.

According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s…

Heightened US-Russia tensions over Cuba could destabilize global markets, impacting energy supplies and increasing demand for digital assets. The post Putin confirms talks with US on potential military operation in Cuba, raising geopolitical risk for markets appeared first on Crypto Briefing.

India's rescue package may stabilize the rupee but could tighten liquidity, impacting investment flows and potentially boosting digital assets. The post India prepares rescue package to prevent currency crisis amid capital flight appeared first on Crypto Briefing.

The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. According…