Crypto Tax

Bitcoin

Cryptocurrency Loans Industry Grows to $4.7 Billion as Bitcoin Investors Ease Tax Burdens

A recently published report by crypto credit rating platform, Graychain Ltd. estimates that the cryptocurrency loans industry has grown to $4.7 billion. According to The Crypto Credit Report, the number of cryptocurrency loan providers is growing rapidly as more individuals seek to borrow Bitcoin. The report says, “Crypto lending

Bitcoin

Georgia Exempts Cryptocurrencies from New Tax Bill

Georgiahas announced the exemption of cryptocurrencies from its value-added tax (VAT), setting a blue print for other nations having similar debates. According to reports, Georgia’s Minister of Finance – Nodar Khaduri has signed the bill aimed at regulating taxation of entities that trade or mine cryptocurrencies. By this new bill,