The IRS Is Set to Update Guidelines for Cryptocurrencies

The IRS Is Set to Update Guidelines for Cryptocurrencies
фото показано с : btcmanager.com

2019-7-9 21:00

After a request from a group of lawmakers, the IRS is expected to update its guidance for cryptocurrencies, first set in 2014. A July 6, 2019, report by the Wall Street Journal indicates that the U.

S. is putting cryptocurrency at the top of its agenda. Penance or Peace for American Crypto Enthusiasts? Although crypto investorsRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

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2023-1-25 21:07


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U.K.’s Financial Conduct Authority Strikes Ban On The Sale Of Crypto Derivatives

The cryptocurrency communities in several countries might be excited to adhere to new policies that are preceding numerous bans that have recently been overruled, but the U.K.’s cryptocurrency community may be taking a step back, following a stern ban that has just been launched against the sale of crypto derivates to retail consumers. The Financial […]

2020-10-7 20:20


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5 Reasons Why Crypto Will Get Through COVID-19 Outbreak

Since the novel coronavirus has been officially declared a pandemic, the crypto space has been flooded with negative opinions about the future credibility of digital assets. As the disease has spared no single industry, including the cryptocurrency market, and brutally broke down the myth about Bitcoin being a safe haven option, most crypto holders have […]

2020-4-9 22:48


Cathio Catholic Community-Centric Cryptocurrency Project Welcomes Ex-US Senator Santorum

Shariah-compliant Services and Solutions for Catholics Are Increasingly Being Developed for the Crypto Space Crypto projects and communities are created to cater to various sectors of society and this includes religious faiths as well as in 2018 the first-ever Islamic-based cryptocurrency exchange was launched.

2019-6-12 19:05


Cryptocurrency Tracker Apps: An Overview and the Commercialization Problem

Several years into the cryptocurrency era, many users and enthusiasts have faced a peculiar issue: managing their various crypto assets required a degree of automation. It’s hard to keep track of everything that blooms in your crypto garden: on the one hand, many of us have accounts on more than one crypto exchange and wallets scattered across many blockchains; on the other, a large number of ICO investors and HODLers need ready access to their numbers.

2019-3-5 19:13


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Indian Crypto Scammers Make $17 Million from Fake Coin Scam

The individuals behind “cashcoin,” a fake cryptocurrency, have been arrested for duping investors of over $17 million in Mumbai, India according to reports February 17, 2019. Crypto and the Gang As the general public and world government are becoming more aware of cryptocurrency and how it works, the prosecution of crypto criminals is becoming more effective.

2019-2-19 15:00


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A Rolex, McLaren and Luxury Condos- the World of a Crypto Con-man

A high-profile cryptocurrency theft case and a series of lawsuits associated with it have brought SIM swap hacks to the limelight once again. Nicolas Truglia, the primary suspect of a $24 million-dollar cryptocurrency theft case where BitAngels founder Michael Terpin’s crypto holdings were robbed, was known to live in $6,000 per month rented apartment.

2019-1-21 21:19


Swiss National Bank is Skeptical of National State-Issued Crypto

Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the bank gave a Business Insider journalist an.

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The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.