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Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners

The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct lo...

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Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners
The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe this amounts to a “declaration of war on crypto” as it […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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