2023-10-25 11:02 |
The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025.
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The IRS releases guides on how to report taxes using form 1040. People who purchased crypto with real currency and have been hodling are exempted. Cryptocurrency taxation has come underfire in recent months for its supposed lack of clarity.
2022-2-11 00:24 | |
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Through the entirety of the SEC v. Ripple Labs legal battle, one constant has been the refusal of both parties to come to a consensus about anything. While fact discovery was supposed to end on 31 AugThe post XRP Lawsuit: SEC seeks relief from Ripple's 29,947 requests for admission appeared first on AMBCrypto.
2021-10-2 23:30 | |
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Virtual currency exchange, Binance, was supposed to enter into a strategic alliance with the Japan-based crypto exchange platform, TaoTao. However, it would appear that the two have failed to come to an agreement, meaning that the joint venture that they were supposed to launch will not be created.
2020-10-7 18:18 | |
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What goes up, must come down. That saying just applied to the cryptocurrency named Theta, which recently became a topic of hot discussion due to a supposed Google partnership. Details about the “partnership” however bring up questions about if there’s any validity to the claim, or if Theta is simply a client of the tech...
2020-5-28 19:00 | |
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A new company in Germany is looking to list Bitcoin's products on the Luxembourg and Frankfurt exchange platforms. According to Handelsblatt, a German business news outlet on Oct. 29, the German startup has already filed an outline to be allowed to trade the exchange-traded note (ETN) for Bitcoin. The ETN is supposed to come to […]
2019-10-30 20:12 | |
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It’s safe to come out now, says Andreas Antonopoulos, the threat posed to bitcoin by Google’s newfound “quantum supremacy” is “zip, bupkis nada. ” In one of his typical Q&A sessions, blockchain expert and author, Antonopoulos shared his thoughts on the supposed jeopardy BTC faces from Google.
2019-10-13 15:43 | |
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A few weeks ago, we reported Chrome 76 would make it harder to run Flash – because Flash just won’t die – as well as potentially make it much easier to bypass article paywalls. That update is now available.
2019-7-31 06:53 | |
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Deals come and go in the cryptocurrency world, just like any other industry. Hull City AFC, an English Championship football club, was supposed to be acquired by a crowdfunding platform named SportyCo last year.
2019-5-2 17:42 | |
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Gotta be careful with April Fool’s Day announcements — most companies know just how to push gamers’ buttons and won’t hesitate to do so on the one day a year we’re all supposed to laugh it off.
2019-4-3 21:56 | |
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We are drowning in data that’s supposed to help us. The big data revolution has come from inexpensive data storage and automated data collection, giving organizations exponentially more data than they had in the past.
2019-3-31 10:30 | |
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Most web users have begrudgingly gotten used to the two-factor authentication (2FA) process that’s supposed to protect online accounts. Facebook’s 2FA process is under fire because like so many other snafus that come with being on Facebook, it’s more to it than meets the eye.
2019-3-6 01:27 | |
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I’m supposed to be packing up all the electronics I “won’t need until after the move. ” What does that even mean? I need all of my electronics all of the time. Instead, I’m pretending to write a review of these Aukey smart outlets.
2019-2-28 21:03 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world of blockchain, it seems like it is another day, another scam.
2019-2-20 16:00 | |
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We’ve only just started 2019 but the rumor mill for this year’s iPhone is already churning at a comfortable pace. It was just last week that @OnLeaks alarmed people with a supposed render of an iPhone 11 prototype with a hideous triple camera setup.
2019-1-16 01:27 | |
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Way back in May we reported on what was one of the cleverest gadgets we’d seen in a while: the JBL Link Bar, a soundbar that doubles as an Android TV box. It’s a supremely sensible mash-up, and we were excited to see how it worked out in practice.
2019-1-7 19:20 | |
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On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering.
2018-12-1 22:36 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.
Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.
The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax on earnings from crypto held in foreign exchanges.