Crypto gains feel great—until tax season shows up 😅 Join the straight-talk session on tax, accounting & compliance in the digital economy Keeping you out of trouble Sept 25–26 #HowardUniversity# 🎟️ #BlackBlockchainSummit# #SatoshiIsBlack# #BlackInnovation#

Tax-free long-term crypto holdings in New Zealand. That’s the ACT Party’s latest election campaign pitch. Their proposed platform: • 0% tax on qualifying personal crypto gains held >12 months • Tax-free small everyday purchases (like buying a coffee) • Short-term flips & day trading stay taxable • Lighter rules for Kiwi fintech startups Currently, IRD treats crypto as property and taxes most swaps and sales as income. 355k Kiwi crypto users would love this.

Korea's crypto tax is going ahead as planned, no more delays. Deputy PM Koo Yun-chul confirmed to the National Assembly today that the exemption ends this year and taxation starts in 2027, with any fixes to come after the fact, not before. The pushback came from PPP's Kim Sang-hoon on a specific structural flaw: crypto gains are taxed as "other income," not capital gains, so losses can't carry forward. His example, lose ₩10M this year, gain ₩5M next year, you're still down ₩5M overall, but that ₩5M gain gets taxed anyway since last year's loss can't offset it. He pointed out the US, UK, and Australia all treat crypto as capital gains and allow loss carryforward, and asked why Korea doesn't. Koo's response was that stock investing doesn't get loss carryforward in Korea either, and that the "other income" classification comes with its own tradeoff, a flat 20% rate with some deductions. He said he's open to revisiting carryforward after the tax actually starts, but switching to a full capital-gains system would mean rethinking Korea's entire capital markets tax structure, not just crypto. Kim also flagged a timing problem: the international system for automatically sharing crypto transaction data across countries (CRS) doesn't start until 2028 for most countries and 2029 for the US. His argument, taxing before that infrastructure exists is premature and unfair to investors. Koo didn't really engage with that point directly, just repeated that the exemption ends this year as written into law, and adjustments will come later if needed.

Used part of last month’s crypto gains to book a surprise family ski trip for Christmas. Kids don’t know yet! Can’t wait to see their faces when we tell them. Making memories with profits feels amazing 🌐

HMRC data shows 240 people declared over £1 million in crypto gains last tax year The UK tax authority's first official statistics on cryptoasset gains show 17,600 people reported taxable disposals in the 2024-25 year, with £1.38 billion in combined gains on £13.8 billion of proceeds. The 240 largest declared £717 million between them. @HMRCgovuk begins receiving customer data from crypto service providers in 2027 under new international reporting rules. Financial Secretary James Murray said "taxes are due on cryptoasset gains just like any other gains."

🧠 Brain Gainz with SwarmBase (SWARM) Ready to flex those crypto gains? Join our live community quiz, test your knowledge, and win rewards! 📍 Where: KuCoin Exchange Main Telegram Group ( 📅 When: August 28, 2026 | 10:00 AM (UTC) Don't miss out! Drop in and play. #KuCoin#

Just booked our big summer family trip to Europe using part of the crypto gains. First time taking both kids international. Nervous as hell but incredibly excited to make those memories 🎌