penalties

The U.K. Government announced that crypto users must disclose any unpaid capital gains or income taxes to avoid penalties. What Happened: HM Revenue and Customs disclosed guidance on how to pay taxes on Bitcoin (BTC), non-fungible tokens (NFTs), and utility tokens. Crypto tax disclosures to the U.K...

As the worldwide crypto sector grapples with increasing regulatory challenges, the Markets in Crypto-Assets (MiCA) offers a unified framework for EU nations to enhance user security and functionality. In line with several other EU nations, Cyprus has introduced regulations, imposing penalties for...