No, MetaMask Will Not Withhold Your Crypto for Taxes
“Legal terminology can be complex,” the company admitted but called the claim false and inaccurate.
MetaMask New Terms Goes Viral As It Can Withhold Consumer Funds To Pay Taxes | Coingape
Crypto wallet MetaMask’s new terms of conditions going viral as it confuses and surprised the community. If you don’t pay taxes, Metamask reserves the right to withhold it from your…
Tax Experts Share Best Practices While We Wait for IRS Guidance
Regulatory clarity is coming, but the timeline is blurry, so enterprises engaging with crypto should be proactive when dealing with tax reporting, experts said during a Blockworks webinar Thursday.
Axie Infinity Evades Apple Store Tax with Lite-Version Listing
Sky Mavis has launched a lite-version of its strategy-based game Axie Infinity: Origins on the Apple App Store.
Europe Vows for Tougher Crypto Tax Rules, MiCA Gets Unanimous Approval
MiCA has received unanimous approval from European Union (EU) members as the union plans for tougher crypto regulations.
IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to…
IRS Files Claims Worth $44B Against FTX Bankruptcy
The U.S. Internal Revenue Service (IRS) has filed claims worth nearly $44 billion against the estate of Sam Bankman-Fried’s bankrupt crypto exchange FTX and its affiliated entities. The largest claims…
US Tax Authority Provides Blockchain and Crypto Tracing Training to Ukrainian Law Enforcement
The U.S. Internal Revenue Service (IRS) is providing Ukrainian law enforcement agencies with tools and training to help them analyze the blockchain and track crypto assets held by sanctioned Russian…
UK Tax Authority to Access Crypto Wallets and Seize Bitcoin for Missing Payments
The authority can already take money out of bank accounts; wallets might be next.
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
