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Cryptorank
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Category Taxes

BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies

BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies

BlackRock's 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bitcoin is included...
Trump’s Bitcoin made in America push runs into a power problem the tax bill cannot fix

Trump’s Bitcoin made in America push runs into a power problem the tax bill cannot fix

Congress is moving to fix how the US tax code treats crypto mining and staking rewards, and for validators and their institutional clients, the fix...
Illinois’ new crypto tax puts users under a burden stocks do not face

Illinois’ new crypto tax puts users under a burden stocks do not face

Illinois Gov. J.B. Pritzker has signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on crypto assets. The Digital Asset ...
Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S.

Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S.

Bitcoin Magazine Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S. Illinois became the first U.S. state to impose a...
Bitcoin faces $240B demand shock as ‘surprise’ tax refunds and new IRS crypto rules arrive

Bitcoin faces $240B demand shock as ‘surprise’ tax refunds and new IRS crypto rules arrive

Tax season is now more connected to Bitcoin’s retail demand. Bitcoin has spent the first half of April trading in the low $70,000s, with recent mov...