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Internal documents show EU policy makers want to push Ethereum over Bitcoin
EU policymakers are back in the spotlight less than a month after voting for stricter rules on unhosted crypto wallets. The post Internal documents show EU policy makers want to push Ethereum over Bitcoin appeared first on CryptoSlate. дальше »
2022-4-25 15:10 | |
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Russia To Legalize Crypto Payments, But Proposal Causes Internal Concerns
Per a report from local news outlet Kommersant, the Russian Ministry of Finance has completed a bill addressing crypto payments in the country. The document was obtained by the local news website and confirmed by two different sources. дальше »
2022-4-16 01:00 | |
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Coinbase teams up with Turbo Tax to offer tax refunds in BTC
Leading American crypto exchange Coinbase has inked a deal with Turbo Tax to enable crypto adopters to get tax refunds in Bitcoin (BTC/USD) and over 100 other cryptocurrencies. A report unveiled this news on February 3, noting that this initiative seeks to lighten the load for crypto holders as the Internal Revenue Service (IRS) becomes […] The post Coinbase teams up with Turbo Tax to offer tax refunds in BTC appeared first on Invezz. дальше »
2022-2-6 23:23 | |
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No, IRS may not write off taxes on crypto staking rewards so easily, claim experts
Crypto news was abuzz recently with speculation of the U.S Internal Revenue Service (IRS) writing off the tax on income generated from unsold staked cryptocurrencies. Many, including crypto influencerThe post No, IRS may not write off taxes on crypto staking rewards so easily, claim experts appeared first on AMBCrypto. дальше »
2022-2-4 19:30 | |
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Huge Win For Crypto Stakers As The IRS Lifts Income Tax on Untraded Tokens
The Internal Revenue Service (IRS) has accepted to refund $3,393 in income tax plus interest on the tax to a Nashville couple who remitted the tax on 8,876 Tezos tokens they had acquired through staking according to sources. дальше »
2022-2-3 16:32 | |
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Is the Crypto.com “unauthorized activity” event bigger than first thought?
Crypto dot com CEO Kris Marszalek plays down Monday’s “unauthorized activity” event, saying more information will come following the results of an internal investigation. The post Is the Crypto. дальше »
2022-1-18 15:00 | |
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The IRS Hopes To Recover Billions In Taxes From Evading NFT Traders
According to a recent report by Bloomberg, the Internal Revenue Service now hopes to net Billions of Dollars in taxes from evading NFT traders. Shilled as the hottest sector now in the crypto ecosystem, the Non-Fungible Tokens (NFTs) market share has been spiraling at an unprecedented rate raking in Billions of dollars, most of which […] дальше »
2022-1-17 20:43 | |
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IRS sees major crypto seizures in 2022 amid the implementation of the infrastructure bill
The US recently implemented the infrastructure bill to include crypto activities within the regulatory scope of the Internal Revenue Service (IRS). The IRS has now stated that it expects the total crypto seizures in 2022 from money laundering and crime to come to billions of dollars. дальше »
2021-11-27 11:19 | |
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Piers Ridyard from Radix on how to scale blockchains and the future of DeFi
Layer-1 blockchains are having somewhat of their own internal war in crypto circles these days, with the likes (and communities) of Ethereum, Solana, Cardano, Elrond, NEAR, and several others going at it on Twitter and Discord daily. дальше »
2021-11-25 11:25 | |
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IRS Seized Crypto Worth $3.5 Billion This Year, Predicts Even More In 2022
The United States Internal Revenue Service (IRS) on Thursday published its annual Criminal Investigation (CI) report. During the fiscal year of 2021, the agency reported that it seized $3. 5 billion worth of crypto. дальше »
2021-11-21 10:00 | |
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IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions
The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021. The post IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions appeared first on BeInCrypto. дальше »
2021-11-19 14:00 | |
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Shiryo-Inu — NFT Trading Card Game
Why did NTF games become so popular? The answer is obvious: they allow people to use the latest developments from the decentralized technology industry through gameplay. Some of these games have become a whole business for crypto enthusiasts and people far from the industry who collect NFT cards, earn internal tokens and sell them on […] Сообщение Shiryo-Inu — NFT Trading Card Game появились сначала на Coinstelegram. дальше »
2021-11-18 23:05 | |
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Binance crypto exchange outage sparks outrage as traders lose millions
Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover the “what could have been” situations. дальше »
2021-8-20 15:38 | |
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US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report
The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide. дальше »
2021-8-14 16:44 | |
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US: Senators Introduce Amendment to Infrastructure Bill to Ease Crypto Reporting Requirements
The cryptocurrency industry’s last-minute lobbying push to amend provisions in the bipartisan infrastructure bill that was completed over the weekend could succeed in eliminating some of the Internal Revenue Service (IRS) scrutiny that stakeholders in the sector would face. дальше »
2021-8-5 20:00 | |
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IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions
The U. S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U. S. tax form. Reducing the scope of the question, the IRS now focuses on taxable cryptocurrency transactions. дальше »
2021-7-24 19:00 | |
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Bitcoin Inflow Reaches 5-Month High as 40,000 BTC Move Into Coinbase
This past weekend, the bitcoin market experienced turmoil after on-chain analyst CryptoQuant flagged over 40,000 bitcoins flowing into Coinbase Pro Exchange. The unusually large transfer triggered fears of an imminent sell-off, with some Twitter users calling for the flagship crypto to dip further into the $20K zone. дальше »
2021-7-20 19:00 | |
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Crypto staking rewards and their unfair taxation in the US
The U.S. Internal Revenue Service appears to be blinded by its own enthusiasm on crypto taxation, instead creating an excessive financial burden. дальше »
2021-7-12 18:21 | |
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NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service (IRS). дальше »
2021-7-11 20:30 | |
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Crypto Custodian Brane Capital Bolsters Internal Regulatory Compliance Expertise, Welcomes Dan Bowering as Senior Compliance Advisor
Brane Inc., a leading cryptocurrency custodian, announced today that Dan Bowering has joined its leadership team as Senior Compliance Advisor, bringing over 30 years of... дальше »
2021-7-5 18:48 | |
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Crypto.com Join Hands with the Fireblocks Networks, Enabling Access to Over 400 Crypto-focused Institutions
Crypto. com, which serves over 10 million customers and boasts of an ultra-fast matching engine processing 2. 7 million transactions per second, is now part of the Fireblocks Network. They have already transitioned their internal treasury management system, contributing towards a secure institutional infrastructure, a press release on June 17 reveals. дальше »
2021-6-18 10:55 | |
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IRS Urges Congress To Enforce Stricter Crypto Compliance, Addresses Tax Evasion
The U. S Internal Revenue Service (IRS) is bent on taking steps to crack down on cryptocurrency markets and transactions as it called out lawmakers to address tax evasion. IRS Wants $32M in Funding To Pursue Tax Evasion The IRS also requires funding to the tune of $32 million to pursue cryptocurrency tax evasion. дальше »
2021-6-9 23:11 | |
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IRS Seeks $32M Budget for Crypto Tax Enforcement
The U.S. Internal Revenue Service has requested a sizeable budget to investigate crypto crime and chase cryptocurrency-related taxes for 2022. The post IRS Seeks $32M Budget for Crypto Tax Enforcement appeared first on BeInCrypto. дальше »
2021-6-10 16:30 | |
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Crypto exchange CoinEx goes live with native blockchain testnet, launches $10M seed fund
CoinEx, a cryptocurrency exchange company founded in December 2017, today announced its native CoinEx Smart Chain (CSC) testnet has been successfully deployed, after two weeks of stable internal operation. дальше »
2021-6-1 19:10 | |
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Crypto exchange CoinEx live with native blockchain testnet, launches $10M seed fund
CoinEx, a cryptocurrency exchange company founded in December 2017, today announced its native CoinEx Smart Chain (CSC) testnet has been successfully deployed, after two weeks of stable internal operation. дальше »
2021-6-4 19:10 | |
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U.S. Treasury Requires All $10K Plus Crypto Transactions Reported to The IRS
In May 2021, the US treasury department released a new report with some new guidelines that all businesses making $10 thousand or more inflows and outflows must report to the Internal Revenue Services. дальше »
2021-5-21 12:31 | |
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US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users
Minnesota congressman Tom Emmer has introduced the Safe Harbor bill to protect taxpayers with Forked Assets Act from Internal Revenue Service (IRS) penalties. The post US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users appeared first on BeInCrypto. дальше »
2021-5-18 15:50 | |
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Crypto Exchange Binance Under Investigation by Department of Justice and IRS
Crypto exchange giant Binance is allegedly under investigation by the U. S. Internal Revenue Service (IRS), as well as the Department of Justice (DOJ) for money laundering and tax evasion. BREAKING: Binance, the world's biggest crypto exchange, is under investigation by the Justice Department and IRS https://t. дальше »
2021-5-15 07:35 | |
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The US DOJ and IRS probe Binance for tax and money laundering information
Leading crypto exchange Binance is under investigation by the US Department of Justice (DOJ) and the Internal Revenue Service (IRS). A report unveiled this news on May 13, citing people acquainted with the matter. дальше »
2021-5-14 17:22 | |
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IRS Reveals Plans to Seize Crypto Held by Tax Dodgers
The U.S. Internal Revenue Service (IRS) revealed that it has plans to seize citizens' crypto assets in order to settle unpaid taxes. The post IRS Reveals Plans to Seize Crypto Held by Tax Dodgers appeared first on BeInCrypto. дальше »
2021-5-14 08:04 | |
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Goldman Sachs Formally Establishes Cryptocurrency Trading Team
Investment bank Goldman Sachs has officially formed a cryptocurrency trading team, according to the firm’s internal memo. Goldman Sachs says it is working to broaden its market presence in the crypto space and is currently selectively onboarding new liquidity providers to help expand its crypto service. дальше »
2021-5-9 02:00 | |
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Bitcoin exchange Kraken to probe user accounts after U.S. court dictum
The United States Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning. дальше »
2021-5-7 21:00 | |
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Modulus’ crypto exchange enhancement to eliminate money laundering in P2P transfers
CryptoNinjas » Modulus’ crypto exchange enhancement to eliminate money laundering in P2P transfers This morning, Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, announced that it has released its new P2P Internal Transfers System, allowing traders to transfer funds to one another while actively cracking down on attempts at money laundering. дальше »
2021-5-5 21:13 | |
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Korean Financial Authority Launches Crypto Investigation on Employee Investments
The Korean Financial Services Commission, South Korea’s financial regulator, has launched an internal investigation relating to crypto investments by employees. Local media outlet Yonhap News reported on April 26 that the FSC will receive reports on the investment status of employees until May 7. дальше »
2021-4-26 12:01 | |
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IRS Gets Approval to Receive Financial Records of Circle’s US Customers
The court has authorized the US Internal Revenue Service of Joe Doe summons to Circle and its predecessors and affiliates, including Poloniex, for those engaged in crypto transactions worth at least $20,000 between 2016 and 2020. дальше »
2021-4-7 18:35 | |
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5 Ways to Easily Calculate Taxes on Your Crypto Earnings
Tax season is in full swing for millions of people. Even though the coronavirus pandemic has led some regulatory agencies like the U. S. Internal Revenue Service to extend the filing deadline for 2020 returns, many prefer to finish their taxes as quickly as possible to potentially get a return. дальше »
2021-4-6 14:41 | |
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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […] дальше »
2021-4-5 18:30 | |
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IRS gets access to crypto exchange Circle’s user data, targets Kraken next
Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken. дальше »
2021-4-4 03:13 | |
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Crypto exchange Liquid.com now supports instant USD settlement on the Silvergate Exchange Network
CryptoNinjas » Crypto exchange Liquid. com now supports instant USD settlement on the Silvergate Exchange Network Liquid. com, a popular bitcoin/crypto exchange company, today announced it has completed integration with Silvergate Bank’s Settlement Network Exchange (SEN), an internal settlement platform developed by Silvergate Bank. дальше »
2021-4-3 19:45 | |
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