19 stories about Tax from across the crypto press, curated and summarized daily. Most recent: Oct 20, 2026.
France's parliament has approved an amendment that would end tax deferral when people trade crypto into MiCA-compliant stablecoins, with the change set to begin in January 2027. The reported 31% levy means swapping into a stablecoin may trigger a tax bill rather than simply postponing tax until a later sale.
Chainalysis CEO in France Francois Volpoet warned that a proposed 31.4% tax on regulated stablecoins could push French traders toward offshore channels that are harder to monitor. The proposal is not described as enacted, and the available report does not specify which transactions or users would be taxed.
Illinois has agreed to delay its 0.2% crypto tax until July 1, 2027, pending court approval. The six-month postponement lets the state and the crypto industry focus on the ongoing legal challenge to the tax's validity.
Germany's finance ministry has drafted a bill to impose a 25% tax on cryptocurrency gains starting in 2027. Existing holdings will keep their current tax treatment, which allows tax-free sales after a 12-month holding period. This change primarily impacts future crypto buyers.
The Digital Chamber of Commerce is suing Illinois to block a new 0.2% tax on crypto transactions, claiming it unfairly targets digital asset users. The tax was signed into law in June and is set to take effect soon.
Japan's lawmakers have reclassified cryptocurrencies as financial assets, moving beyond their previous status as a payment method. The change is designed to create rules suited for investment products and is expected to lead to tax reductions for crypto investors.
The UK government will no longer treat moving crypto into DeFi lending protocols or liquidity pools as a taxable event. This change defers capital gains tax until users actually cash out their holdings. The new rule is set to take effect in the 2026-2027 tax year, starting April 2027.
The UK's HMRC has adopted a 'no gain, no loss' tax treatment for certain crypto loans and liquidity pool transactions, deferring capital gains tax (CGT) until economic disposal.
South Africa's tax authority has released draft guidance on how crypto assets are taxed under current income and capital gains tax rules. The public has until August 31 to provide feedback on the proposal.
The Senate is racing to advance a major cryptocurrency bill in July, but the timeline is threatened by turmoil over a separate housing bill. The legislation could impact how crypto is regulated and taxed in the U.S.
Ethereum's latest funding crisis has sparked a fierce debate over whether to tax staking rewards or to pursue funding from large ETH holders for new organizations like EthLabs. The proposal would have taken a cut from staking rewards to fund Ethereum's core development. However, major ETH holders have stepped in with alternative funding solutions, potentially making the tax unnecessary.
Major crypto advocacy groups are pushing the U.S. House tax committee to pass a bill clarifying tax rules for mining and staking. This could reduce uncertainty for crypto miners and stakers in the U.S.
Illinois has quietly added a new 0.2% tax on any business activity involving digital assets, catching the crypto industry off guard. The tax, included in the state's latest budget, is expected to stay in place, according to insiders.
Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act into law, imposing a 0.20% tax on the gross value of digital assets exchanged, transferred, or stored, effective January 1, 2027. This marks the most aggressive state-level crypto tax in the U.S.
Illinois has become the first state to impose a financial transaction tax on crypto, sparking backlash from industry leaders. The 0.1% tax applies to crypto trades over $1,000 and is expected to generate $300 million annually.
El Salvador has eliminated capital gains tax on Bitcoin and all taxes on foreign income, positioning itself as a tax haven for crypto investors and entrepreneurs. The reforms include no wealth or inheritance taxes, plus incentives for tech businesses.
Japan’s Lower House reportedly passed a bill that would bring crypto under the country’s financial instruments framework, potentially opening the door to ETFs and lower tax treatment.
The House Ways and Means Committee is reviewing seven draft bills that could ease tax burdens on small crypto gains, mining, and staking. This could make crypto transactions more accessible for everyday users.
The crypto tax bills—the first of their kind to be deliberated by congressional leadership—will be discussed at a House hearing on Tuesday. The proposals cover a range of issues, including tax treatment of staking rewards and capital gains reporting.