2025-7-11 20:24 |
U.S. Treasury officially removed the IRS's rule for DeFi transaction reporting. origin »
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Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi rules. In a Dec. 30 post on X, Michele Korver, the head of regulation at A16z, announced its support for the legal challenge led by the Blockchain Association, DeFi Education Fund, and Texas […] The post A16z is suing IRS over new DeFi rules appeared first on CryptoSlate.
2024-12-30 14:05 | |
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The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures.
2024-12-27 21:06 | |
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Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS).
2024-8-21 16:09 | |
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While industry advocates have welcomed the finalized crypto tax measures after years of wrangling, messy deliberations about non-custodial providers still lie ahead. It’s been a long time consuming, but the Internal Revenue Service and the Treasury Department have finally agreed…
2024-7-5 21:44 | |
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The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not include decentralised finance and non-hosted wallets, although rules for those will come later in the year.
2024-7-2 22:03 | |
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The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
2024-7-3 23:15 | |
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Coin Center filed a lawsuit against the U.S. Treasury Department for drafting an unconstitutional amendment to the infrastructure bill. The post Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule appeared first on BeInCrypto.
2022-6-12 21:43 | |
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Last year, US legislatures were torn between supporting and rejecting the Infrastructure Bill due to its lack of clarity. However, the recent announcement by the US Treasury is a major win for the cryptocurrency industry.
2022-2-15 13:55 | |
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The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations.
2022-2-14 11:52 | |
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It has been no secret that the top federal law enforcement agency under the U. S Department of Treasury, the Criminal Investigation Division (CI), is keenly following digital assets to trace for any signals of illicit activity.
2020-7-3 15:02 | |
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Coinspeaker Treasury and IRS to Extend Taxpayer Deadline by 90 Days Due to CoronavirusTreasury and the Internal Revenue Service (IRS) have decided to support people affected by the coronavirus and to offer taxpayers a 90-day delay in filing their 2019 taxes.
2020-3-18 16:39 | |
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In this roundup, we cover numerous cryptocurrency regulatory developments in the U. S. , including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule.
2020-2-18 15:10 | |
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On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.
2018-11-21 01:44 | |
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In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes.
2018-9-21 23:35 | |
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US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. US, UK regulators discuss stablecoin policy Senior officials from HM Treasury and the US Treasury met in London…
Dinari has introduced tokenized access to the entire S&P 500 for U.S. investors, allowing eligible users to trade blockchain-based shares backed one-to-one by underlying securities. According to Fortune, the launch expands Dinari’s blockchain-based equities platform through a wallet-first system that…
ZeroStack has warned its cash position may not support operations for another year. According to a Form 10-Q filed with the U.S. Securities and Exchange Commission on Friday, Nasdaq-listed crypto treasury company ZeroStack said substantial doubt exists about its ability…
Prediction markets Kalshi, Polymarket and Polymarket US reached $50.6 billion in July volume as World Cup trading drove a monthly record.
The CLARITY Act is missing from Monday’s Senate agenda, leaving leaders until Wednesday to prepare a possible Friday procedural vote.
The United States has sanctioned Iranian exchanges, frozen nearly $1 billion in cryptocurrency, and traced $3.84 billion in Iran-linked flows through a single offshore exchange, exposing the scale of sanctions evasion through digital assets. The numbers tell the story before…
Senate negotiators have reportedly proposed revised ethics language for the CLARITY Act that would let state authorities enforce restrictions on federal officials’ crypto activities as bipartisan talks continue before the August recess.