Articles for tag: Cryptocurrency, Dan Morehead, federal investigation, Pantera Capital, Puerto Rico, tax exemption, tax laws

Market News

Federal Officials Probe Local Crypto Investment Firm Founder for Potential Fraud and Mismanagement Concerns

Dan Morehead, founder of the well-known crypto investment firm Pantera Capital, is under federal investigation for possibly breaking U.S. tax laws after moving to Puerto Rico. Senator Ron Wyden has raised concerns that Morehead may have incorrectly classified over $850 million in investment profits as tax-exempt. Wyden’s letter points out that much of the gain ...

Market News

Czech Republic HODLers: Enjoy Zero Capital Gains Tax on Bitcoin from January 2024 for Long-Term Investments

The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...

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