@a16z, @Uniswap and the DeFi Education Fund urged the Illinois Department of Revenue to revise proposed tax rules, warning that broker requirements could make decentralized exchanges unable to operate. #Update #DeFi
South Korean lawmakers are weighing a fourth delay to the crypto tax, potentially pushing its start to 2029 as a gap in U.S. reporting complicates enforcement. #Update #CryptoTax #SouthKorea
Federal prosecutors charge Connecticut tax preparer Yuridia Trujillo with 19 counts, alleging she claimed crypto losses on assets clients never owned and diverted parts of their refunds. #Update #Legal
@BlockchainAssn urged Congress to exempt small crypto payments from tax calculations and revise rules for stablecoins and staking rewards. No changes have been enacted. #Update #CryptoTax
French lawmakers narrowly pass a proposal to tax crypto-to-stablecoin swaps with capital gains tax, targeting a loophole. The measure awaits Senate approval for potential 2027 implementation. #Update #Legal
Francois Volpoet, CEO of Chainalysis France, warns proposed tax measures could drive crypto traders offshore, citing security risks and compliance issues for self-hosted wallets. #Update #Crypto $BTC
French National Assembly Finance Committee backs a proposal to tax crypto-to-stablecoin swaps, closing a tax loophole. Plenary vote set for October 13. #Update #Crypto
Lithuania updates crypto user reporting rules to align with EU DAC8 standards, effective January 1, 2026. Data exchanges start in 2027. #Update #Legal
Greece plans to impose a 10% capital gains tax on cryptocurrency, exempting gains up to €500. The draft bill will be submitted in November, aiming to align with EU standards. #Update #Crypto
French executives propose taxing crypto-to-stablecoin conversions, sparking debate over potential impacts on crypto adoption and tax collection. #Update #Crypto
Illinois delays 0.2% crypto tax to July 1, 2027, for legal challenges. Critics claim it violates state and federal laws; state officials disagree. #Update #Legal
Illinois postpones its 0.2% crypto tax for six months after negotiations with the Digital Chamber and Illinois Blockchain Association, pending court approval to address legal disputes. #Update #Legal $BTC
America.gov launched as a federal digital portal but missed recent crypto legislation updates. Claude and ChatGPT offered more context on regulatory developments. #Update #Crypto
Germany proposes a 50% tax on crypto sales lacking credible purchase proof, raising liquidity concerns. @paddi_hansen criticizes impact on retail investors. #Update #Legal
