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Cynthia Lummis digital asset tax bill seeks capital gain reforms

Cynthia Lummis submitted digital asset tax rules that would provide exemptions on gains from digital asset transactions and digital asset mining tax reforms. The post Cynthia Lummis digital asset tax bill seeks capital gain reforms appeared first on CoinGeek. [...]

Congress preps July crypto push; crypto bank charters all rage

U.S. Senate Banking Committee will hold its hearing on digital asset market structure rules, while crypto firms race to secure national banking charters. The post Congress preps July crypto push; crypto bank charters all rage appeared first on CoinGeek. [...]

Nigeria, Somalia, South Africa, Eswatini advance digital ID plans

Nigeria has partnered with the World Food Programme to disburse aid via digital wallets, while Somalia now uses biometrics on key border control points. The post Nigeria, Somalia, South Africa, Eswatini advance digital ID plans appeared first on CoinGeek. [...]

US tax challenges for Bitcoin miners: A call for commodity-style reform

Aligning U.S. Bitcoin’s tax treatment with commodities could help miners scale operations, strengthen balance sheets, and maintain global competitiveness. The post US tax challenges for Bitcoin miners: A call for commodity-style reform appeared first on CoinGeek. [...]

Digital ID adoption gathers steam in Vietnam, PNG

The adoption of digital IDs is rapidly advancing, with Vietnam looking to onboard foreigners while PNG getting support from Australia for its SevisPass. The post Digital ID adoption gathers steam in Vietnam, PNG appeared first on CoinGeek. [...]

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