US Needs ‘More Nuanced’ Cryptocurrency Regulations: Academic Paper
The patchwork regulatory setups at federal level mean it...
IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm
Node40, a developer of bitcoin tax-reporting software, expects the U.S. Internal Revenue Service (IRS) to receive a record number of cryptocurrency-related tax return claims this year, as it predicts...
Wall Street Journal Suggests ‘Quick Sale, Repurchase’ of Bitcoin ‘May Lower Your Taxes’
An article from The Wall Street Journal has suggested...
US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition
Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to...
Creator of Video Downloading Websites Sentenced to Prison in US — Over $1 Million...
The U.S. has sentenced a creator of video streaming and downloading websites to prison for 12 months and one day. The feds also seized $3.9 million from him, including...
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space.
