Investments in cryptocurrencies such as bitcoin have exploded in recent years. To provide a better framework for them, or to some extent to profit from their rise, some European countries have defined tax rules that their citizens holding cryptoassets must comply with. In this article, we take a look at the differences between these countries' tax regimes.
The United States government is struggling to find a solution to the debt ceiling. As a result, the markets are holding their breath and fearing default. In our previous article, we discussed the role of long cycles in monetary policy. In this context, French debt is also a cause for concern. The presented stability plan already appears optimistic. It is evident that difficulties in managing public debts would have dramatic consequences for the markets and the global economy. Let's take a closer look.
European authorities are actively working on establishing a framework suitable for regulating cryptocurrencies. Currently, they are particularly concerned about how to prevent tax evasion related to the crypto sector. Additionally, the UK's tax administration (His Majesty's Revenue and Customs, HMRC) has recently released a consultation document on the subject. In parallel, France aims to strengthen its measures to combat tax evasion.
The issue of tax evasion is increasingly being debated. It's one of the key issues in the regulation of crypto within the EU. Stakeholders want to speed up the process of adoption.
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