Florida Will Allow Citizens To Pay Taxes In Bitcoin

Florida Will Allow Citizens To Pay Taxes In Bitcoin

Florida has announced that it would allow citizens to pay their state taxes in bitcoin. The state has been a hotbed for crypto activities as Miami Mayor Francis Suarez has made it his mission to make the city the crypto hub of the nation. This has paid off in various ways for the city and […]


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Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurr...

Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with citizens. Buenos Aires Government to Introduce Cryptocurrency Tax Payments The government of Buenos Aires, the capital of Argentina, is planning to allow its citizens to pay some taxes with cryptocurrencies. According to local media, the announcement was made by....

Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location

A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been grouped with all other international currencies, and are therefore subject to tax. Cryptocurrencies Will Be Taxed in Certain Provinces of Argentina Cryptocurrency taxes have arrived in Argentina, at least in certain provinces. Now, users that trade and hold....

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Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year

Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that sees the city investing some of its funds in crypto assets in the future. Rio de Janeiro Will Expand Its Tax Payment Options The city of Rio de Janeiro revealed a plan to introduce cryptocurrencies in its payment options for taxes. At a recent event where the mayor of the city,....

Will Florida's Money Laundering Laws Apply to Bitcoin?

Lawyers for the two men recently arrested in Miami for engaging in "too-large" bitcoin transactions are claiming that the men's actions were legal because state law covers only money issued by the US or another country. Many in the bitcoin community are hopeful that this argument is persuasive, seeing money laundering laws as an attempt to regulate thoughtcrime in finance. Others also argue that citizens do not currently owe the state of Florida any kind of explanation for why they want to buy or sell bitcoin. Sting operation. In what may be the first instance of citizens being charged....