PANews reported on December 24 that according to The Block, the United States, the United Kingdom and the European Union are strengthening tax supervision on cryptocurrencies, which has an important impact on investors. In the United States, cryptocurrencies are regarded as digital assets, and capital gains tax is required for sale or trading, and the tax rate depends on the holding period and income level; miners and pledge income are subject to income tax, and exchanges are required to report user data from 2025. In the United Kingdom, capital gains tax is required for the sale or exchange of crypto assets, with a tax rate of up to 24%, and a tax exemption of £3,000 per year; mining income and crypto salary income are subject to income tax and national insurance. In the European Union, tax rates vary from country to country. For example, Germany is tax-free for holding for more than one year, while Spain has a tax rate of up to 28%; the MiCA regulations that will take effect in 2025 will unify some rules and enhance tax transparency.
Cryptocurrency tax regulation in the US, UK and Europe has been upgraded: Investors need to be aware of key tax rates and compliance requirements
- 2024-12-25
Bitcoin ETF has a net outflow of 2,258 BTC today, while Ethereum ETF has a net inflow of 12,445 ETH
- 2024-12-25
BTCTurk transferred 23,285 ETH again. The official response said that there was no abnormality and it was just wallet optimization operation.
- 2024-12-25
In the past 24 hours, the total network contract liquidation was 254 million US dollars, both long and short positions were liquidated
- 2024-12-25
Network3 airdrop activity has started. Early node users can obtain airdrop qualifications by binding their wallets.
- 2024-12-25
20,000 ETH transferred out from BTCTurk exchange, worth about $69.87 million
- 2024-12-25
Russia's Central Bank develops new monitoring platform to combat illegal cryptocurrency OTC services