Internal Revenue Service

The IRS made headlines by focusing on crypto tax compliance. Discover the implications for your investments and strategies to stay ahead.

DeFi·Donald Trump·

2 months ago

NFT Trader Pleads Guilty to Tax Fraud Over CryptoPunk Earnings, Facing Prison Time

Trader Sentenced for Tax Fraud Related to NFTs A trader of non-fungible tokens (NFTs) may be sentenced to six years in prison after admitting to tax fraud involving nearly $13 million in

DeFi·Donald Trump·Florida·Gary Gensler·

2 months ago

Federal Court Delays AGs’ Lawsuit Against SEC Amid Agency Leadership Change

Legal Action Against SEC Suspended A federal judge in the United States has agreed to temporarily suspend the legal action brought against the Securities and Exchange Commission (SEC) by 18 attorneys general

1 month ago

Crypto Market Sentiment for 2025-05-01

Market Sentiment Summary The overall sentiment in the cryptocurrency news is mixed, showcasing both positive developments and concerns regarding security and regulatory challenges. Key Positive Events and Trends Reward Launches: Ethena Labs

Crypto Market Sentiment for 2025-06-12

Overall Market Sentiment The overall market sentiment appears to be neutral, with both positive and negative developments within the cryptocurrency ecosystem. Recent headlines showcase a mixture of regulatory activity, market movements, institutional

1 day ago

Digest

Treasury and IRS Extend Compliance Relief for Brokers Reporting Digital Asset Transactions

Update on Digital Asset Reporting Requirements In a significant update for the digital asset market, the U.S. Department of Treasury, in conjunction with the Internal Revenue Service (IRS), has released Notice 2025-33.

1 day ago

Bitcoin·Legal

Crypto Market Sentiment for 2025-06-11

Market Sentiment Analysis The overall sentiment in the cryptocurrency market appears to be positive despite some immediate price fluctuations and regulatory challenges presented in various headlines. Recent developments related to Ethereum (ETH),

2 days ago

Digest

Senator Lummis Advocates for Overhaul of Cryptocurrency Tax Regulations

Cynthia Lummis Advocates for Crypto Tax Reform In recent statements, Wyoming Senator Cynthia Lummis has advocated for a revamp of the tax framework surrounding cryptocurrencies, indicating that current policies have inadvertently placed

3 days ago

Bitcoin·Legal

Crypto Market Sentiment for 2025-05-31

Current Sentiment in the Cryptocurrency Market The current sentiment in the cryptocurrency market appears to be neutral to positive, despite some underlying challenges. Recently, REX Shares and Osprey Funds have filed an

2 weeks ago

Digest

Biden Administration Recommends Supreme Court Dismiss Coinbase User’s Challenge to IRS Data Request

Biden Administration Advises Supreme Court in Coinbase Lawsuit The Biden administration is advising the Supreme Court not to engage with a lawsuit brought by a Coinbase user contesting the IRS’s attempts to

2 weeks ago

Bitcoin·Legal

Crypto Market Sentiment for 2025-05-27

Cryptocurrency Market Sentiment The overall sentiment in the cryptocurrency market appears to be positive, supported by a blend of notable price recoveries and important developments in the regulatory landscape. Key highlights include:

2 weeks ago

Digest

Calls Intensify for SEC to Define Staking Regulations in Cryptocurrency Sector

Call for Clarity on Staking Regulations Representatives from the cryptocurrency sector are calling on the US Securities and Exchange Commission (SEC) to clarify its guidelines pertaining to staking. This appeal comes amid

3 weeks ago

Bitcoin·Legal

Crypto Market Sentiment for 2025-05-06

Current Cryptocurrency Market Sentiment Overall market sentiment in the recent cryptocurrency landscape appears to be mixed. Positive Developments Positive developments include the successful Ethereum Pectra upgrade and the introduction of Ethena Labs’

1 month ago

Digest

Crypto Market Sentiment for 2025-05-03

Overall Market Sentiment: Neutral to Slightly Positive Key Events/Trends: Regulatory Developments: The UAE has established itself as a proactive regulatory environment, with Ripple securing a license from the DFSA, enhancing confidence in

1 month ago

Digest

Internal Revenue Service

NFT Trader Pleads Guilty to Tax Fraud Over CryptoPunk Earnings, Facing Prison Time

Federal Court Delays AGs’ Lawsuit Against SEC Amid Agency Leadership Change

Treasury and IRS Extend Compliance Relief for Brokers Reporting Digital Asset Transactions

Senator Lummis Advocates for Overhaul of Cryptocurrency Tax Regulations

Crypto Market Sentiment for 2025-05-31

Biden Administration Recommends Supreme Court Dismiss Coinbase User’s Challenge to IRS Data Request

Calls Intensify for SEC to Define Staking Regulations in Cryptocurrency Sector

Crypto Market Sentiment for 2025-05-03

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Crypto Market Sentiment for 2025-06-13

Ethereum Foundation Donates $500,000 to Support Tornado Cash Developer Roman Storm’s Legal Battle

Coinbase Launches New Financial Platform for Startups and Small Enterprises

Brazil Implements New Tax Framework on Crypto Gains, Including Self-Custody Assets

Roman Storm Warns of DeFi’s Dire Future Ahead of His Trial: ‘If I’m Convicted, DeFi Ceases to Exist’

Internal Revenue Service

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