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Crypto groups sue the IRS over the DeFi broker regulation expansion.
Legal battles endangered innovation and drove technology abroad.
On December 27, 2024, the...
The Blockchain Association has filed a lawsuit against the IRS over new DeFi regulations, challenging the broker classification and KYC requirements.
The Blockchain Association has...
Following record-high adoption in 2022, the Internal Revenue Service (IRS) is revamping its crypto reporting requirements.
The IRS Is Upping the Ante on Its Crypto...
Not long ago, the Republican dominated House of Representatives passed a bill to decrease funding for the Internal Revenue Service (IRS) by $70 billion....
An Ohio native allegedly stole millions of dollars in bitcoin from the Internal Revenue Service (IRS). 31-year-old Gary Harmon has recently pled guilty to...
The 2018 cryptocurrency price declines may push US-based investors into problems with the internal revenue service (IRS). Considering reports that indicate a low volume...
The Congressional Blockchain Caucus seems to be serious about pushing for speedy regulations as evidenced by its newest co-chair's draft bills.
Perhaps one of the...
Defining regulations regarding cryptocurrencies is a difficult task. In the United States, the IRS is responsible for issuing proper guidelines. In a recent letter,...
Hedge funds engaged in the cryptocurrency market are having a difficult time evaluating their tax burden. With unclear IRS guidelines, many of these funds...
The South African Reserve Service (SARS) has announced that it will be applying normal income tax rules to cryptocurrencies.
In an announcement released by the...