Hive Digital Technologies is disputing a Swedish tax ruling that reclassified its crypto mining subsidiaries as self-mining operations, denying them VAT recovery on costs retroactively since 2022. Hive argues it provides taxable computing power services to customers, similar to data center hosting, and that the VAT denial causes significant financial harm. After Swedish courts refused to escalate the case to the EU Court of Justice, Hive has taken the matter to the European Commission, which could set a precedent for VAT treatment of crypto mining across the EU. The outcome may impact how digital mining businesses are taxed regionally going forward.
Hive Digital Technologies is disputing Swedish VAT rules. For readers following crypto assets, here is Pluang's market snapshot as of Sep 25, 2026 13:01 WIB: 42 of 50 major cryptocurrencies rose today. Notable movers include SNX at Rp4.632 (+10.65%), LINK at Rp241.000 (+9.17%), and XLM at Rp3.928 (+8.36%).
The market capitalization of privacy-focused cryptocurrencies Zcash and Monero jumped from $11.97 billion to $36.51 billion in five months, gaining $24.5 billion mainly driven by Zcash's price rising from $319 to $1,507 and Monero's from $330 to $555...
Litecoin (LTC) surged past the key resistance level of $60.61, marking a significant bullish shift in its long-term trend. Despite some caution due to low weekly trading volume, technical indicators on daily and weekly charts support a strong uptrend...
Cole Kennelly, CEO of Volmex Labs, predicts Bitcoin could surge to $500,000 within about two years, implying a more than sixfold increase from its current price of around $84,269. This forecast is notable because Volmex Labs specializes in measuring ...
USD Coin (USDC) circulation increased by about 300 million over the week ending September 21, reaching 74.6 billion USDC. During this period, Circle issued $10.1 billion of USDC and redeemed $9.8 billion, resulting in the net increase. The total rese...
Alloc Init researchers introduced Shielded Bitcoin, a system enabling private Bitcoin transfers using zero-knowledge proofs without requiring changes to Bitcoin's consensus rules. This approach hides sender, receiver, and amount details by moving pri...
