PANews December 24 news, according to The Block report, the United States, the United Kingdom, and the European Union are strengthening tax regulation on cryptocurrencies, which has significant implications for investors. In the United States, cryptocurrencies are considered digital assets, and selling or trading them incurs capital gains tax, with rates depending on holding time and income levels; miners and staking income are subject to income tax, and starting in 2025, exchanges will be required to report user data. In the United Kingdom, the sale or exchange of crypto assets incurs capital gains tax, with a maximum rate of 24% and an annual tax-free allowance of £3,000; mining income and crypto salary income are subject to income tax and national insurance contributions. In the European Union, tax rates vary by country, for example, Germany exempts those holding for over a year, while Spain has a tax rate as high as 28%; the MiCA regulations, effective in 2025, will unify some rules and enhance tax transparency.