IRS

The IRS reported record cryptocurrency tax filings last year. Discover key insights on compliance and strategies to optimize your tax approach!

Bitcoin·

2 months ago

SEC Accuses PGI Global’s Ramil Palafox of $198 Million Fraud in Cryptocurrency and Forex Investments

Securities and Exchange Commission’s Allegations against Ramil Palafox The Securities and Exchange Commission (SEC) has leveled serious allegations against Ramil Palafox, accusing him of masterminding a deceptive investment operation that reportedly swindled

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

Bitcoin·Ethereum·IRS·Legal·USA·

4 weeks ago

Understanding Cryptocurrency Taxation: A Comprehensive Guide

Navigating Cryptocurrency Taxation Navigating the world of cryptocurrencies like Bitcoin and Ethereum comes with its own set of challenges, particularly when it comes to the tax implications of these digital assets. Much

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 2025-06-07

Cryptocurrency Market Sentiment The overall market sentiment in the recent cryptocurrency news is mixed, with both positive and negative developments influencing investor perceptions. Positive Trends Ethereum Activity: Ethereum’s on-chain activity is reportedly

6 days ago

Digest

Crypto Market Sentiment for 2025-06-06

Cryptocurrency Market Sentiment The current cryptocurrency market sentiment appears to be cautiously optimistic, driven by positive developments across various sectors, including regulatory advancements, community engagement, and the introduction of new technologies. Key

1 week ago

Digest

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 2025-05-29

Market Overview The overall market sentiment reflected in the news headlines is positive, primarily highlighting significant advancements and developments in the cryptocurrency and blockchain sectors. Key Events and Trends Ethereum’s Market Performance:

2 weeks ago

Digest

California Launches Blockchain Builders Fund, Backed by Stanford Alumni, to Empower Web3 Startups

Blockchain Builders: A New Venture in Blockchain Investment On May 29, 2025, California saw the launch of a promising venture fund focused on the burgeoning blockchain industry, spearheaded by a trio of

2 weeks ago

Bitcoin

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IRS

SEC Accuses PGI Global’s Ramil Palafox of $198 Million Fraud in Cryptocurrency and Forex Investments

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

Understanding Cryptocurrency Taxation: A Comprehensive Guide

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

California Launches Blockchain Builders Fund, Backed by Stanford Alumni, to Empower Web3 Startups

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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’

IRS

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