Hedera Hashgraph is an advanced distributed ledger technology (DLT) that stands out from traditional blockchain systems by offering a unique consensus algorithm and architecture. Designed to support fast, fair, and secure applications, Hedera Hashgraph aims to...
Cryptocurrency has become increasingly popular as an investment and a medium of exchange. As the use of digital currencies grows, so does the interest of tax authorities in ensuring that these assets are correctly reported and taxed. The Danish Tax Agency...
With just a few months before the tax deadline, understanding crypto taxes in Germany is crucial for anyone involved in buying, selling, or trading cryptocurrencies. Here's a starter’s guide to help you navigate the tax implications:The Bundeszentralamt für Steuern...
In the ever-evolving landscape of blockchain technology, one name has been gaining significant traction: ICP Blockchain. Standing for Internet Computer Protocol, ICP is not just another blockchain platform representing a paradigm shift in decentralization, &...
Solana has emerged as a promising platform in cryptocurrencies and blockchain technology, offering high-speed transactions and scalability. Launched in March 2020 by Solana Labs, it aims to address some of the critical limitations of existing blockchain protocols...
Are you unsure about how crypto tax works in the US? The reality is that the Internal Revenue Service (IRS) guidelines are evolving, which may incentivize behavior such as “I’ll pay my tax when the IRS finalizes their guidelines”. However, new legislation requires...
The fairly new crypto reporting tax law that has recently come into effect appears to have massive implications for crypto users. But what it means exactly, and who it may affect, is unclear. What is the $10k Crypto Reporting Rule (6050I)? Forming part of the...
For Americans with money to invest, the crypto industry’s pace of development can be confusing. Whether hype or reality – and, often, it’s a bit of both – the stories we read online and the conversations we hold over the barbeque can leave us unsure of what to think,...
What is Operation Hidden Treasure? Operation Hidden Treasure was introduced on March 5, 2021, by the IRS Director of the Office of Fraud. You may feel like the IRS is not always on your side, but you cannot argue their creative abilities in naming departments needs a...
Everyone has heard about non-fungible tokens, or NFTs as they are better known. Celebrities like Eminem bought a Bored Ape NFT for half a million dollars. The mainstream media went viral and said they could take a screenshot and have the same thing. But is this the...