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cryptotax

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#cryptotax Below is a list of crypto tax guides for various countries. These guides will walk you through the local tax laws in your country and help you prepare a crypto tax report for your local tax authority. United States United Kingdom Australia New Zealand Canada South Africa Ireland Germany (EN) Germany (DE) France (EN) France (FR) Sweden (EN) Sweden (SV) Norway (EN) Norway (NO) Spain (EN) Finland (EN) Belgium (EN) Italy (EN) Greece (EN) Austria (EN) Switzerland (EN) Switzerland (DE) Netherlands (EN) Portugal (EN) Singapore (EN) Japan (EN)
#cryptotax
Below is a list of crypto tax guides for various countries. These guides will walk you through the local tax laws in your country and help you prepare a crypto tax report for your local tax authority.

United States

United Kingdom

Australia

New Zealand

Canada

South Africa

Ireland

Germany (EN)

Germany (DE)

France (EN)

France (FR)

Sweden (EN)

Sweden (SV)

Norway (EN)

Norway (NO)

Spain (EN)

Finland (EN)

Belgium (EN)

Italy (EN)

Greece (EN)

Austria (EN)

Switzerland (EN)

Switzerland (DE)

Netherlands (EN)

Portugal (EN)

Singapore (EN)

Japan (EN)
Rehmat1800:
Thanks bro please Trade With My Post
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Bearish
BREAKING: 🇺🇸 The U.S. House has officially scheduled a hearing on crypto tax policy for July 9th. If the proposed 0% capital gains tax becomes reality, it could be one of the most bullish catalysts for the entire crypto market. Eyes on July 9, this could change everything. #cryptotax #USGovernment #GregLens
BREAKING:
🇺🇸 The U.S. House has officially scheduled a hearing on crypto tax policy for July 9th.

If the proposed 0% capital gains tax becomes reality, it could be one of the most bullish catalysts for the entire crypto market.

Eyes on July 9, this could change everything.

#cryptotax #USGovernment #GregLens
Ebrahim Hageb:
yes
Dubai Introduces Zero Crypto Taxes: New Licensing Rules and What They Mean for You$WCT {spot}(WCTUSDT) 🕒 Reading time: 5 minutes 📅 Published: July 2025 📈 Tags: #DubaiCrypto #CryptoTax #CryptoLicense #BinanceSquare #CryptoRegulations 🌟 A Game-Changer in the Crypto World: Dubai Goes Tax-Free Imagine this: you're a crypto investor or a startup founder. You're tired of paying hefty taxes and drowning in unclear regulations. What if there was a place where your crypto gains were tax-free, and the government actually encouraged innovation? Welcome to Dubai — one of the first global cities to introduce 0% taxes on personal crypto income. 📜 What Exactly Is Tax-Free in Dubai? ✅ No income tax on personal crypto gains — whether you're buying, selling, staking, or mining for yourself. ✅ No capital gains tax for individual investors. ✅ No VAT (Value Added Tax) on personal crypto trades. ✅ Free zones like DMCC and DIFC offer 0% corporate tax (under certain conditions). ✅ Applies retroactively from January 1, 2018. Example: If you mined Bitcoin at home in 2021 and sold it in 2025 — you owe $0 in taxes in Dubai. But before you pack your bags, let’s talk about the fine print. 🛂 What Are the Government's Requirements? While the zero-tax policy applies to individuals, businesses must play by the rules. Here's what's required: 📌 1. Get a VARA License Dubai's Virtual Assets Regulatory Authority (VARA) requires that all crypto-related businesses — exchanges, brokers, wallets, or custodians — apply for a license. 🔒 No license = no operations. Yes, even if you're running a crypto startup from a laptop. 💵 2. How Much Does a License Cost? License Type Application Fee Annual Supervision Fee Advisory / Transfers AED 40,000 (~$11,000) AED 80,000 (~$21,800) Exchange / Custody / Broker AED 100,000 (~$27,000) AED 200,000 (~$54,600) Additionally: You need to show minimum paid-up capital: AED 100,000 (~$27,300) or more. If your company offers multiple services, you’ll pay an extension fee (50% of the smaller fee). 💼 Example: Starting a Crypto Exchange in Dubai Let’s say you’re launching a crypto exchange that also offers wallet custody. You’ll need: ✅ AED 100,000 license for the exchange ✅ AED 50,000 extension for wallet custody ✅ AED 200,000/year in regulatory fees ✅ AED 1.5 million+ in working capital and office costs ✅ Compliance team and real Dubai office ✅ Full KYC/AML policies Total first-year cost? Easily over $250,000. But you’ll be building in a zero-tax zone — with access to investors, developers, and capital. 🔍 Who Doesn’t Need a License? Good news if you're a: 💰 Personal trader 🔐 Self-custody wallet user 🧑‍💻 Hobby miner or investor As long as you don’t manage funds for others or offer paid crypto services, you're free from licensing. And yes — still tax-free. 🌍 Why This Matters Globally Dubai is setting a precedent. By combining clear rules with tax freedom, it’s attracting: Institutional capital Crypto startups Blockchain innovators Nomad investors from Europe, Asia, and beyond In 2025, UAE’s crypto inflows hit $34 billion, up 42% year-over-year. While regulators in the U.S., EU, and Asia tighten the noose, Dubai is opening doors. ✅ Final Thoughts Dubai’s zero-tax policy on crypto income is more than a marketing trick — it’s part of a well-designed regulatory ecosystem. While retail investors enjoy full tax freedom, crypto businesses must meet strict standards and invest in legal compliance. If you’re serious about crypto, and want legal clarity, global access, and zero taxes — Dubai is the place to be.

Dubai Introduces Zero Crypto Taxes: New Licensing Rules and What They Mean for You

$WCT

🕒 Reading time: 5 minutes

📅 Published: July 2025

📈 Tags: #DubaiCrypto #CryptoTax #CryptoLicense #BinanceSquare #CryptoRegulations

🌟 A Game-Changer in the Crypto World: Dubai Goes Tax-Free

Imagine this: you're a crypto investor or a startup founder. You're tired of paying hefty taxes and drowning in unclear regulations. What if there was a place where your crypto gains were tax-free, and the government actually encouraged innovation?

Welcome to Dubai — one of the first global cities to introduce 0% taxes on personal crypto income.

📜 What Exactly Is Tax-Free in Dubai?

✅ No income tax on personal crypto gains — whether you're buying, selling, staking, or mining for yourself.

✅ No capital gains tax for individual investors.

✅ No VAT (Value Added Tax) on personal crypto trades.

✅ Free zones like DMCC and DIFC offer 0% corporate tax (under certain conditions).

✅ Applies retroactively from January 1, 2018.

Example:

If you mined Bitcoin at home in 2021 and sold it in 2025 — you owe $0 in taxes in Dubai.

But before you pack your bags, let’s talk about the fine print.

🛂 What Are the Government's Requirements?

While the zero-tax policy applies to individuals, businesses must play by the rules. Here's what's required:

📌 1. Get a VARA License

Dubai's Virtual Assets Regulatory Authority (VARA) requires that all crypto-related businesses — exchanges, brokers, wallets, or custodians — apply for a license.

🔒 No license = no operations.

Yes, even if you're running a crypto startup from a laptop.

💵 2. How Much Does a License Cost?

License Type
Application Fee
Annual Supervision Fee

Advisory / Transfers
AED 40,000 (~$11,000)
AED 80,000 (~$21,800)

Exchange / Custody / Broker
AED 100,000 (~$27,000)
AED 200,000 (~$54,600)

Additionally:
You need to show minimum paid-up capital: AED 100,000 (~$27,300) or more.
If your company offers multiple services, you’ll pay an extension fee (50% of the smaller fee).
💼 Example: Starting a Crypto Exchange in Dubai

Let’s say you’re launching a crypto exchange that also offers wallet custody.

You’ll need:
✅ AED 100,000 license for the exchange
✅ AED 50,000 extension for wallet custody
✅ AED 200,000/year in regulatory fees
✅ AED 1.5 million+ in working capital and office costs
✅ Compliance team and real Dubai office
✅ Full KYC/AML policies
Total first-year cost? Easily over $250,000.

But you’ll be building in a zero-tax zone — with access to investors, developers, and capital.

🔍 Who Doesn’t Need a License?

Good news if you're a:
💰 Personal trader
🔐 Self-custody wallet user
🧑‍💻 Hobby miner or investor
As long as you don’t manage funds for others or offer paid crypto services, you're free from licensing. And yes — still tax-free.

🌍 Why This Matters Globally
Dubai is setting a precedent. By combining clear rules with tax freedom, it’s attracting:
Institutional capital
Crypto startups
Blockchain innovators
Nomad investors from Europe, Asia, and beyond

In 2025, UAE’s crypto inflows hit $34 billion, up 42% year-over-year.

While regulators in the U.S., EU, and Asia tighten the noose, Dubai is opening doors.

✅ Final Thoughts
Dubai’s zero-tax policy on crypto income is more than a marketing trick — it’s part of a well-designed regulatory ecosystem. While retail investors enjoy full tax freedom, crypto businesses must meet strict standards and invest in legal compliance.

If you’re serious about crypto, and want legal clarity, global access, and zero taxes — Dubai is the place to be.
📜🇮🇳 Indian Crypto Laws Are Still Confusing — But That’s Not Stopping Anyone In 2022, India shocked the crypto world with a 30% flat tax on digital assets — plus 1% TDS on every trade. It was the harshest move by any democracy. The goal? Control, tracking, and possibly discouraging crypto activity. But here’s what happened instead: Trading volumes dipped, but Indian devs kept building Users moved to P2P, DEXs, and international platforms India still ranks #1 in global crypto adoption by user volume Even with no legal clarity — is crypto legal, banned, or just taxed? — Indian traders are adapting. 💡 The truth is, regulations can't stop innovation, only delay it. Until India recognizes Web3 as an opportunity (not a threat), the space will remain user-led, underground, and unstoppable. We don’t need approval to build the future. #cryptoindia #cryptotax #bitcoin #BinanceSquare #Web3
📜🇮🇳 Indian Crypto Laws Are Still Confusing — But That’s Not Stopping Anyone

In 2022, India shocked the crypto world with a 30% flat tax on digital assets — plus 1% TDS on every trade.
It was the harshest move by any democracy. The goal? Control, tracking, and possibly discouraging crypto activity.

But here’s what happened instead:

Trading volumes dipped, but Indian devs kept building

Users moved to P2P, DEXs, and international platforms

India still ranks #1 in global crypto adoption by user volume

Even with no legal clarity — is crypto legal, banned, or just taxed? — Indian traders are adapting.

💡 The truth is, regulations can't stop innovation, only delay it.

Until India recognizes Web3 as an opportunity (not a threat), the space will remain user-led, underground, and unstoppable.

We don’t need approval to build the future.

#cryptoindia #cryptotax #bitcoin #BinanceSquare #Web3
🚨 July 9: The Day That Could Rewrite Crypto History 🏛️📜 The U.S. House is set to debate crypto tax policy — and if the 0% capital gains proposal moves forward, we’re not just looking at a bull run... 💰 We’re talking the largest wealth transfer in modern financial history. Imagine holding long-term and paying zero tax on your gains. This isn’t hype — it’s a potential regulatory green light that could flood the markets with institutional and retail capital alike. 👀 All eyes on July 9. This could spark a crypto revolution. Be early or be priced out. #CryptoTax #CapitalGains #RegulationWatch #BinanceSquare #BullMarket
🚨 July 9: The Day That Could Rewrite Crypto History 🏛️📜

The U.S. House is set to debate crypto tax policy — and if the 0% capital gains proposal moves forward, we’re not just looking at a bull run...

💰 We’re talking the largest wealth transfer in modern financial history.

Imagine holding long-term and paying zero tax on your gains. This isn’t hype — it’s a potential regulatory green light that could flood the markets with institutional and retail capital alike.

👀 All eyes on July 9.
This could spark a crypto revolution.
Be early or be priced out.

#CryptoTax #CapitalGains #RegulationWatch #BinanceSquare #BullMarket
🏛️ UK Treasury Targets Crypto with New Tax Measures 🪙 Description: The UK government is cracking down on crypto tax evasion. Under new rules, HM Treasury is demanding full transparency in digital asset transactions. Investors and traders must accurately report gains — or face hefty fines up to £5,000 and possible legal action. This is part of a broader push to regulate the crypto sector while positioning the UK as a responsible innovation hub. 🔍 Stay compliant. Stay ahead. #CryptoTax #UKCrypto #Regulation #BitcoinNews #BinanceSquare
🏛️ UK Treasury Targets Crypto with New Tax Measures

🪙 Description:

The UK government is cracking down on crypto tax evasion. Under new rules, HM Treasury is demanding full transparency in digital asset transactions. Investors and traders must accurately report gains — or face hefty fines up to £5,000 and possible legal action. This is part of a broader push to regulate the crypto sector while positioning the UK as a responsible innovation hub.

🔍 Stay compliant. Stay ahead.
#CryptoTax #UKCrypto #Regulation #BitcoinNews #BinanceSquare
BIG TAX SHOCK FOR INDIAN CRYPTO TRADERS! 18% GST on top of 30% tax and 1% TDS = nearly 50% of profits gone! What's your take on this? #CryptoTax #India #TaxAlert
BIG TAX SHOCK FOR INDIAN CRYPTO TRADERS!

18% GST on top of 30% tax and 1% TDS = nearly 50% of profits gone!

What's your take on this?

#CryptoTax #India #TaxAlert
🚨 JUST IN: US HOUSE TO HOLD CRYPTO TAX HEARING ON JULY 9TH! The U.S. House Ways & Means Committee has officially announced a hearing titled: 📜 “Making America the Crypto Capital of the World” 🇺🇸 🗓️ Date: July 9, 2025 🎯 Focus: Digital asset tax clarity, capital gains, staking, and decentralized finance. 🔥 Why it matters? If lawmakers propose a 0% capital gains tax on crypto, it could send markets into full-blown rocket mode! 🚀💸 This hearing kicks off “Crypto Week” in Washington — with more bills like the CLARITY and GENIUS Acts coming up soon. 👀 Watch closely… regulatory clarity could be the trigger for the next mega bull run! #CryptoNews #BinanceSquare #Bitcoin #Ethereum #CryptoTax
🚨 JUST IN: US HOUSE TO HOLD CRYPTO TAX HEARING ON JULY 9TH!

The U.S. House Ways & Means Committee has officially announced a hearing titled:

📜 “Making America the Crypto Capital of the World” 🇺🇸

🗓️ Date: July 9, 2025
🎯 Focus: Digital asset tax clarity, capital gains, staking, and decentralized finance.

🔥 Why it matters?
If lawmakers propose a 0% capital gains tax on crypto, it could send markets into full-blown rocket mode! 🚀💸

This hearing kicks off “Crypto Week” in Washington — with more bills like the CLARITY and GENIUS Acts coming up soon.

👀 Watch closely… regulatory clarity could be the trigger for the next mega bull run!

#CryptoNews #BinanceSquare #Bitcoin #Ethereum #CryptoTax
🚨 BREAKING: The U.S. House has scheduled a Crypto Tax Policy hearing for July 9th 🇺🇸. A potential 0% Capital Gains Tax on crypto is on the table — a move that could trigger a parabolic market rally. 📈🚀 This could be a pivotal moment for the industry. Are you ready, or just watching from the sidelines? #Crypto #Bitcoin #Altcoins #CryptoTax $BTC {future}(BTCUSDT)
🚨 BREAKING:
The U.S. House has scheduled a Crypto Tax Policy hearing for July 9th 🇺🇸.

A potential 0% Capital Gains Tax on crypto is on the table — a move that could trigger a parabolic market rally. 📈🚀

This could be a pivotal moment for the industry.
Are you ready, or just watching from the sidelines?

#Crypto #Bitcoin #Altcoins #CryptoTax $BTC
Don't get caught in the crypto tax misinformation trap! In India, the 18% GST is on trading fees, NOT on your entire trade value. On top of that, you'll pay 30% tax on profits and 1% TDS. Let's break it down: - *Trading Fees*: 18% GST on fees charged by exchanges like Bybit - *Profit Tax*: 30% tax on profits from crypto trading - *TDS*: 1% tax deducted at source on each transaction Stay informed, trade smart! #CryptoTax #India #GST #TradingFees #Taxation                  🙌                🌙✨ 👉 Follow Like  Share 💥You’ve been such a valuable member of our BINANCE TEAM! 🚨   This isn't the end; it's just a new beginning. NO MATTER WHAT !  AVOID LEVERAGE TRADING !!!  GROW SLOW AND STEADY. KEEP FORWARD ... Don't forget to  Follow Like Share & Comment  "*I wish you all the best because you deserve nothing less*" "*I   also   pray  for   your  future  endeavors.*" Enjoy your well-earned . You deserve it! *This is not investment advice.* 🔸Follow   📣 share  Like & comment  🔔  👇🏻 I hope you will do. We’re never late ✌️ Immediately analyze and receive on-Chain data from top-level news and for interesting , latest news and updates about Crypto Currencies around the 🌍 globe 🌎 👇🏻. 🌐                             ⚔️                            🙌
Don't get caught in the crypto tax misinformation trap! In India, the 18% GST is on trading fees, NOT on your entire trade value. On top of that, you'll pay 30% tax on profits and 1% TDS. Let's break it down:
- *Trading Fees*: 18% GST on fees charged by exchanges like Bybit
- *Profit Tax*: 30% tax on profits from crypto trading
- *TDS*: 1% tax deducted at source on each transaction

Stay informed, trade smart! #CryptoTax #India #GST #TradingFees #Taxation

                 🙌

               🌙✨

👉 Follow Like  Share

💥You’ve been such a valuable member of our BINANCE TEAM! 🚨

 

This isn't the end; it's just a new beginning.

NO MATTER WHAT ! 

AVOID LEVERAGE TRADING !!! 

GROW SLOW AND STEADY.

KEEP FORWARD ...

Don't forget to 

Follow Like Share & Comment 

"*I wish you all the best because you deserve nothing less*"

"*I   also   pray  for   your  future  endeavors.*"

Enjoy your well-earned . You deserve it!

*This is not investment advice.*

🔸Follow   📣 share  Like & comment  🔔

 👇🏻

I hope you will do.

We’re never late ✌️

Immediately analyze and receive on-Chain data from top-level news and

for interesting , latest news and updates about Crypto Currencies around the 🌍 globe 🌎 👇🏻. 🌐 

                           ⚔️

                           🙌
🇮🇳 UPDATE: Starting July 7, Bybit will apply an 18% GST on all trading and service fees for users in India — in addition to the existing 30% crypto tax and 1% TDS. #CryptoIndia #BybitUpdate #GST #CryptoTax
🇮🇳 UPDATE: Starting July 7, Bybit will apply an 18% GST on all trading and service fees for users in India — in addition to the existing 30% crypto tax and 1% TDS.

#CryptoIndia #BybitUpdate #GST #CryptoTax
🚨 Important Update for Indian Users🚨 🗓 Starting July 7, 2025, 🤬Bybit will charge 18% GST (Goods and Services Tax) on service and trading fees for users in India.🤬 This is being done to follow Indian tax rules.😡🤬 May be others exchanges par hi yahi rules apply ho jayega kuch dino m..🥺🥺 #IndiaCrypto #IndianCryptoTrends #Binance #cryptotax
🚨 Important Update for Indian Users🚨

🗓 Starting July 7, 2025,
🤬Bybit will charge 18% GST (Goods and Services Tax) on service and trading fees for users in India.🤬

This is being done to follow Indian tax rules.😡🤬

May be others exchanges par hi yahi rules apply ho jayega kuch dino m..🥺🥺

#IndiaCrypto #IndianCryptoTrends #Binance #cryptotax
Bybit to Impose 18% GST on Indian Users from July 7 🚨 🇮🇳🚨 Starting July 7, 2025, Bybit will apply an 18% Goods and Services Tax (GST) on all trading and service fees for Indian users, a move reflecting India’s tightening grip on foreign crypto platforms. 📈 This tax will be listed separately in transaction histories, increasing costs for millions of traders. 🌐 The decision aligns with India’s broader regulatory push, including prior bans on non-compliant exchanges, aiming to curb tax evasion and money laundering. 💡 Critics see this as a step toward greater oversight, potentially driving users to local platforms or offshore alternatives. Will this reshape India’s crypto landscape? #Bybit #CryptoTax #IndiaCrypto
Bybit to Impose 18% GST on Indian Users from July 7 🚨

🇮🇳🚨 Starting July 7, 2025, Bybit will apply an 18% Goods and Services Tax (GST) on all trading and service fees for Indian users, a move reflecting India’s tightening grip on foreign crypto platforms.

📈 This tax will be listed separately in transaction histories, increasing costs for millions of traders.

🌐 The decision aligns with India’s broader regulatory push, including prior bans on non-compliant exchanges, aiming to curb tax evasion and money laundering.

💡 Critics see this as a step toward greater oversight, potentially driving users to local platforms or offshore alternatives. Will this reshape India’s crypto landscape?

#Bybit #CryptoTax #IndiaCrypto
Senator Lummis Introduces Standalone Crypto Tax Bill: Ending Double Taxation and Clarifying RulesIn a significant step toward embracing the digital economy, U.S. Senator Cynthia Lummis has introduced a standalone bill aimed at reforming the tax treatment of cryptocurrencies. The legislation seeks to eliminate double taxation and provide a clear legal framework for crypto staking, mining, and lending activities. 🔹 Tax Exemptions for Everyday Transactions: The proposed bill introduces capital gains tax exemptions for crypto transactions under $300, with an annual cap of $5,000. This move aims to facilitate daily crypto usage and reduce bureaucratic burdens for ordinary users. 🔹 Support for Charitable Donations: Lummis also wants to simplify crypto donations. Her bill proposes tax exemptions for lending contracts and digital assets used in charitable giving — particularly for tokens with clearly identifiable market value due to active trading. 🔹 Taxation Upon Sale of Staked or Mined Assets Only: The bill stipulates that mining and staking rewards will not be taxed upon receipt but only when sold or disposed of. These rewards would be treated as ordinary income, helping prevent liquidity issues from taxing unsold assets. 🔹 Mark-to-Market Option for Traders: Lummis proposes allowing digital asset traders to elect mark-to-market accounting, similar to stock and commodity traders. This would remove unfair tax discrimination between asset types and better reflect economic activity. 🔹 Estimated Budget Impact: According to the Joint Committee on Taxation, the bill could bring a net fiscal gain of approximately $600 million between 2025 and 2034. Higher Chances of Passage Than Ever Before Senator Lummis hopes her bill — backed by crypto advocates and some senators — will smoothly make its way to President Trump’s desk. With the current administration being more crypto-friendly, this initiative stands as one of the most promising efforts to modernize crypto legislation in the U.S. Lummis has long been a pro-crypto voice in the Senate. Earlier this year, she was appointed Chair of the Senate Banking Subcommittee on Digital Assets. She’s also a prominent supporter of creating a U.S. Bitcoin reserve under the Treasury Department. #CynthiaLummis , #cryptolegislation , #cryptotax , #DigitalAssets , #Regulation Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Senator Lummis Introduces Standalone Crypto Tax Bill: Ending Double Taxation and Clarifying Rules

In a significant step toward embracing the digital economy, U.S. Senator Cynthia Lummis has introduced a standalone bill aimed at reforming the tax treatment of cryptocurrencies. The legislation seeks to eliminate double taxation and provide a clear legal framework for crypto staking, mining, and lending activities.

🔹 Tax Exemptions for Everyday Transactions:

The proposed bill introduces capital gains tax exemptions for crypto transactions under $300, with an annual cap of $5,000. This move aims to facilitate daily crypto usage and reduce bureaucratic burdens for ordinary users.

🔹 Support for Charitable Donations:

Lummis also wants to simplify crypto donations. Her bill proposes tax exemptions for lending contracts and digital assets used in charitable giving — particularly for tokens with clearly identifiable market value due to active trading.

🔹 Taxation Upon Sale of Staked or Mined Assets Only:

The bill stipulates that mining and staking rewards will not be taxed upon receipt but only when sold or disposed of. These rewards would be treated as ordinary income, helping prevent liquidity issues from taxing unsold assets.

🔹 Mark-to-Market Option for Traders:

Lummis proposes allowing digital asset traders to elect mark-to-market accounting, similar to stock and commodity traders. This would remove unfair tax discrimination between asset types and better reflect economic activity.

🔹 Estimated Budget Impact:

According to the Joint Committee on Taxation, the bill could bring a net fiscal gain of approximately $600 million between 2025 and 2034.

Higher Chances of Passage Than Ever Before
Senator Lummis hopes her bill — backed by crypto advocates and some senators — will smoothly make its way to President Trump’s desk. With the current administration being more crypto-friendly, this initiative stands as one of the most promising efforts to modernize crypto legislation in the U.S.
Lummis has long been a pro-crypto voice in the Senate. Earlier this year, she was appointed Chair of the Senate Banking Subcommittee on Digital Assets. She’s also a prominent supporter of creating a U.S. Bitcoin reserve under the Treasury Department.

#CynthiaLummis , #cryptolegislation , #cryptotax , #DigitalAssets , #Regulation

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
📢 Crypto Tax Update – India 🇮🇳 | Effective July 7, 2025🔸 New GST Alert: An 18% GST will apply to all crypto trading & service fees — including spot, futures, and copy trading. 🔸 Stacked Tax Burden: This is in addition to: 🧾 30% tax on profits💸 1% TDS on every transaction 🔸 Billing Note: GST will appear separately in your transaction invoices. ⚠️ With these changes, India now ranks among the countries with the highest crypto tax burdens globally. #IndianCryptoTax #Crypto #CryptoTax $BTC {future}(BTCUSDT)

📢 Crypto Tax Update – India 🇮🇳 | Effective July 7, 2025

🔸 New GST Alert:
An 18% GST will apply to all crypto trading & service fees — including spot, futures, and copy trading.

🔸 Stacked Tax Burden:
This is in addition to:
🧾 30% tax on profits💸 1% TDS on every transaction
🔸 Billing Note:
GST will appear separately in your transaction invoices.
⚠️ With these changes, India now ranks among the countries with the highest crypto tax burdens globally.

#IndianCryptoTax

#Crypto

#CryptoTax

$BTC
🚨 *BREAKING: Senator Cynthia Lummis Introduces Pro-Crypto Tax Bill* 🇺🇸💼💰 Senator *Cynthia Lummis*, a known crypto advocate, has introduced *new legislation aimed at reducing taxes on digital assets* like *#XRP* and others. This is a *potential game-changer* for U.S. crypto investors. 🔍 *Key Points*: ✅ *Lower Tax Burden*: The bill reportedly aims to exempt small crypto transactions (like buying coffee or making transfers) from capital gains tax — promoting everyday use of crypto. ✅ *Clearer Reporting Rules*: It seeks to simplify how crypto gains are reported and reduce the tax stress on long-term holders and small investors. ✅ *Supports Innovation*: Encourages Web3 development, stablecoin innovation, and institutional crypto adoption — including XRP’s use in banking and remittances. 📈 *Impact on XRP & Market*: - *XRP* could benefit massively, especially since it's already gaining traction with institutions and in cross-border finance. - This bill could *attract more U.S. investors*, reduce FUD around taxes, and push prices higher. - It aligns with a larger trend of *crypto-friendly policy momentum* in the U.S. — bullish for the entire market. 🔥 *Conclusion*: This is more than just a political move — it’s a *green light* for crypto adoption. If passed, it could remove key barriers holding back mass usage of XRP and other tokens. $XRP {spot}(XRPUSDT) $ARB {spot}(ARBUSDT) #XRP #cryptotax #Lummis #CryptoLegislation #Bullish 🟢🚀📊
🚨 *BREAKING: Senator Cynthia Lummis Introduces Pro-Crypto Tax Bill* 🇺🇸💼💰

Senator *Cynthia Lummis*, a known crypto advocate, has introduced *new legislation aimed at reducing taxes on digital assets* like *#XRP* and others. This is a *potential game-changer* for U.S. crypto investors.

🔍 *Key Points*:

✅ *Lower Tax Burden*: The bill reportedly aims to exempt small crypto transactions (like buying coffee or making transfers) from capital gains tax — promoting everyday use of crypto.

✅ *Clearer Reporting Rules*: It seeks to simplify how crypto gains are reported and reduce the tax stress on long-term holders and small investors.

✅ *Supports Innovation*: Encourages Web3 development, stablecoin innovation, and institutional crypto adoption — including XRP’s use in banking and remittances.

📈 *Impact on XRP & Market*:

- *XRP* could benefit massively, especially since it's already gaining traction with institutions and in cross-border finance.
- This bill could *attract more U.S. investors*, reduce FUD around taxes, and push prices higher.
- It aligns with a larger trend of *crypto-friendly policy momentum* in the U.S. — bullish for the entire market.

🔥 *Conclusion*:
This is more than just a political move — it’s a *green light* for crypto adoption. If passed, it could remove key barriers holding back mass usage of XRP and other tokens.

$XRP
$ARB

#XRP #cryptotax #Lummis #CryptoLegislation #Bullish 🟢🚀📊
🚨 Major Move for U.S. Crypto Regulation: Senator Lummis Introduces New Tax Bill 🇺🇸💼 🏛 U.S. Senator Cynthia Lummis has just introduced a landmark crypto tax bill aimed at simplifying the complex rules around digital assets like Bitcoin and beyond. 🔍 Key Highlights of the Bill: 💸 Tax exemption for crypto transactions under $300 ⛏️ Clearer guidance on mining, staking, and lending activities 💰 Simplified rules for crypto donations and reporting ✅ A push to align taxation with real-world use and innovation 🌐 This legislation could be a game-changer for how Americans interact with digital assets — reducing friction for everyday transactions and improving clarity for investors and builders in the space. #Crypto #Bitcoin #CynthiaLummis #CryptoTax #DigitalAssets https://coingape.com/lummis-bill-simplifies-crypto-tax-compliance/?utm_source=bnb&utm_medium=coingape
🚨 Major Move for U.S. Crypto Regulation: Senator Lummis Introduces New Tax Bill 🇺🇸💼
🏛 U.S. Senator Cynthia Lummis has just introduced a landmark crypto tax bill aimed at simplifying the complex rules around digital assets like Bitcoin and beyond.
🔍 Key Highlights of the Bill:
💸 Tax exemption for crypto transactions under $300
⛏️ Clearer guidance on mining, staking, and lending activities
💰 Simplified rules for crypto donations and reporting
✅ A push to align taxation with real-world use and innovation
🌐 This legislation could be a game-changer for how Americans interact with digital assets — reducing friction for everyday transactions and improving clarity for investors and builders in the space.
#Crypto #Bitcoin #CynthiaLummis #CryptoTax #DigitalAssets
https://coingape.com/lummis-bill-simplifies-crypto-tax-compliance/?utm_source=bnb&utm_medium=coingape
🚨 Crypto Traders: Get Ready for CARF Starting in 2026, the Crypto-Asset Reporting Framework (CARF) will require all major crypto platforms to report your transaction data to tax authorities worldwide. What to expect: • Reporting of buys, sells, and transfers • Increased transparency and compliance • Less anonymity in crypto trading Stay informed. The future of crypto taxation is here. #CARF #cryptotax #CryptoCompliance #DigitalAssets #CryptoRegulation $BTC {spot}(BTCUSDT)
🚨 Crypto Traders: Get Ready for CARF

Starting in 2026, the Crypto-Asset Reporting Framework (CARF) will require all major crypto platforms to report your transaction data to tax authorities worldwide.

What to expect:
• Reporting of buys, sells, and transfers
• Increased transparency and compliance
• Less anonymity in crypto trading

Stay informed. The future of crypto taxation is here.

#CARF #cryptotax #CryptoCompliance #DigitalAssets #CryptoRegulation
$BTC
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