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How to Deal with Cryptocurrency Taxes in the US, EU and Beyond

As cryptocurrencies slowly enter the ‘mainstream’, tax authorities worldwide are looking to join the ‘party’. In theory, cryptocurrency trading is taxed in the same way as FX trading of fiat currencies: in the familiar form of income tax or corporate gains tax. However, since the tax devil often lies hidden in the details, how are cryptocurrencies actually taxed and, most importantly, by whom?

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Cryptocurrency Adoption: What Factors Boost It?

As cryptocurrency enthusiasts at Coinrule, we regularly observe trends and differences in cryptocurrency adoption around the world. To understand which countries are championing cryptocurrency usage, we need to understand the factors that lead to cryptocurrency adoption in the first place. What does ‘adoption’ mean? It is the ease of obtaining, purchasing, selling and using crypto assets without technological, regulatory or governmental barriers or restrictions.  Typically, when we think of how widespread crypto has become in…

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The UK Crypto Assets Taskforce – A Review

Ten years ago, Bitcoin was launched as a cryptocurrency fully outside of state control. There was no regulation and legal state involvement due to its nature and there was little perspective for it to be used in commercial transactions. Today, this is no longer the case, both for Bitcoin as well as the Blockchain technology behind it. As talk of Blockchains, cryptocurrencies and ‘digital assets’ has become widespread in the global business world, governments started…

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