2023-4-14 19:59 |
You might think that new tax reporting rules for exchanges should mean less work for the taxpayer, but it’s the opposite, says CPA Kirk Phillips. origin »
Bitcoin price in Telegram @btc_price_every_hour
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B2Broker has introduced a new reporting feature to its flagship product, B2Trader. This allows customers to download their data for accounting and record keeping.
2023-3-16 00:00 | |
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Canaan crypto stock reported a revenue drop of 82.1% to $56.8 million in the fourth quarter of 2022. Will the stock hit new lows? The post Canaan Crypto Stock to Hit New Lows After Reporting 82% Drop in Revenue appeared first on BeInCrypto.
2023-3-8 18:30 | |
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Coinspeaker Binance Exchange Floats New Tax Return Reporting Tool The launch of the Binance Tax product in France has tagged a stepping stone for the service that will soon be made available in other countries around the world.
2023-2-6 12:00 | |
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Congress passed a law in November 2021 that required the new crypto rules to be issued.
2022-12-24 01:05 | |
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Congress passed a law in November 2021 that required the new crypto rules to be issued.
2022-12-25 01:05 | |
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According to new reporting, Alameda Researchs balance sheet was largely composed of illiquid FTT and SOL tokens last summer. This development casts doubt on the firms ability to repay its...
2022-11-5 15:14 | |
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The Internal Revenue Service (IRS) has released a draft of new instructions to U.S. taxpayers on reporting digital asset activity. IRS Releases Draft Tax Document The IRS is expanding its...
2022-10-20 00:13 | |
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Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
2022-10-14 05:50 | |
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Indian Police in Firozabad has developed a web portal for reporting crimes using the Polygon (MATIC) modular blockchain, according to an October 10 announcement. The post Polygon powers new Indian police complaints portal appeared first on CryptoSlate.
2022-10-12 17:37 | |
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The framework's scope will include stablecoins, crypto derivatives and certain NFTs.
2022-10-10 18:40 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, digital asset markets tank as Fed Chairman says significant interest rate rises are coming, progress on bipartisan crypto bills are paused because of upcoming US midterms, and Tether announces a new monthly reporting schedule.
2022-8-29 15:01 | |
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The United Arab Emirates introduced new reporting requirements for real estate transactions involving digital assets in a statement on August 8. The post UAE introduces new reporting requirements to counter crypto real estate money laundering appeared first on CryptoSlate.
2022-8-8 18:53 | |
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New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.
2022-7-7 19:34 | |
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The OECD is trying to introduce new rules to stop crypto being used to stash assets out of sight of the taxman.
2022-5-24 23:08 | |
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According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is...
2022-5-11 20:07 | |
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Kazakhstan has imposed new reporting requirements that seek to determine the energy consumption rate by crypto miners. The post Kazakhstan imposes strict energy consumption reporting requirements on crypto miners appeared first on CryptoSlate.
2022-5-5 19:10 | |
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The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills.
2022-4-15 16:00 | |
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The CEO of public miner Marathon Digital says he welcomes the new rules for the transparency and incentives to use renewable energy they would introduce.
2022-3-24 21:08 | |
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Astroswap (ASTRO) is reporting gains of around 7% today after the DEX confirmed a… The post Astroswap (ASTRO) gains nearly 7% after announcing a new partnership with World Mobile appeared first on Coin Journal.
2022-3-14 01:45 | |
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Colombia is the newest entrant to a block of countries that seek to bring the crypto industry under their regulatory purview. According to a recent Bill that has since been approved to law, Bitcoin, Ether, crypto users, and exchanges operating within the country’s jurisdiction will be required to report transactions over a certain amount. Per […]
2022-2-9 17:51 | |
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The new law redefines "cash" to include "any digital representation of value" including cryptocurrency, but in an anonymous system, is this going to work?
2021-12-6 21:21 | |
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US senators Ron Wyden and Cynthia Lummis rush to tweak the controversial crypto provision, in an effort to narrow some of the new tax reporting rules outlined in the $1,2 trillion infrastructure bill President Joe Biden signed into law on Monday, Bloomberg reported.
2021-11-17 06:30 | |
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A separate bipartisan bill aims to soften new cryptocurrency tax reporting requirements
2021-11-15 21:41 | |
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FORTUNE and digital artist pplpleasr have announced the FORTUNE Journalism PleasrFund, a decentralized donor-advised fund run entirely on the Ethereum blockchain through Endaoment. The PleasrFund is dedicated to advancing independent investigative journalism and programs that foster interest in sound reporting and journalistic integrity.
2021-9-23 19:00 | |
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Global crypto exchange Gate. io has unveiled a campaign dubbed the Super Mystery Box Giveaway meant for new users in the next two months. According to the company through a press release, the campaign will give new users a chance to win up to $1 million in prizes.
2021-8-17 12:49 | |
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Kakao pushes its expansion plan to Singapore for Klaytn, its legacy blockchain platform, following its globalization quest. Reporting on Monday, The Korea Herald disclosed the city-state establishment of the Klaytn Foundation and Krust, the new blockchain-based entities by Kakao.
2021-8-17 00:00 | |
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A new proposal to amend the U. S. bipartisan infrastructure bill introduced to the Senate on Sunday could exempt cryptocurrency miners, those staking crypto, and users of their services from reporting and paying tax on their cryptocurrencies.
2021-8-8 14:52 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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Republicans are far more likely than Democrats to oppose the draconian cryptocurrency provision in the infrastructure bill
2021-8-5 18:15 | |
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Binance announced launching a Tax reporting tool API. This new API tool will allow Binance users to track their crypto activities to ensure they are fulfilling the reporting requirements laid out by tThe post This is one way Binance was 'ready to assist regulators from around the world' appeared first on AMBCrypto.
2021-7-29 00:00 | |
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July 20, 2021 – ZUG, SWITZERLAND – Auditchain Labs AG, (https://auditchain.finance) the developer of the world’s first decentralized accounting, financial reporting, audit and analysis virtual machine for assurance and disclosure, today announced a new NFT creation platform that will allocate royalties between curators and validators of global standard logic-based accounting and disclosure control components. Accountants.Read More
2021-7-20 16:00 | |
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A local news outlet is reporting that Kazakhstan’s President has signed a law that would force cryptocurrency miners to pay additional fees to operate in the country. The post Kazakhstan Announces New Electricity Surcharges For Crypto Miners appeared first on BeInCrypto.
2021-7-2 21:45 | |
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After hitting its new ATH of $4350, Ethereum price was up approximately 7.9% on Wednesday, May 12, 2021, and trading around $4,291 at the time of reporting according to TradingView. ETH Price Push Up Crypto Market Cap The second-largest cryptocurrency shattered its previous all-time high of $4,000 on May 10, en route to reaching $4,345, […]
2021-5-13 19:06 | |
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OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.
2021-3-24 12:48 | |
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Decentralized finance (DeFi) protocols Cream Finance, and Binance Smart Chain (BSC) based PancakeSwap are reporting DNS (Domain Name System) “hijacks” of their respective platforms. Lending protocol Cream Finance tweeted on Monday, “Our DNS has been compromised by a third party; some users are seeing requests for seed phrase on http://app.
2021-3-16 20:22 | |
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A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin to […]
2021-2-12 00:30 | |
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Extension, extension, extension The announcement comes after many in the cryptocurrency community derided the Treasury Department for setting an unusually short 15-day period. The new comment period is extended by 15 days for reporting requirements on transactions greater than $10,000.
2021-1-15 23:44 | |
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In yet another blow to the cryptocurrency industry, the US Treasury has revealed plans to mandate the reporting of crypto holdings over $10K held with foreign digital currency service providers. FinCEN, an arm of the Treasury Department that oversees domestic financial laws’ enforcement, will implement the new rule when adopted.
2021-1-9 13:00 | |
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The Executive Director of CoinCenter, Jerry Brito, has revealed that he is working with people in Congress to get some letters sent to the United States Secretary of Treasury, Steven Mnuchin, requesting the extension of what he says is a “rushed” comment period as per an update on Dec 28. The New Currency Reporting RuleRead More
2020-12-31 22:01 | |
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Blockchain technology-powered investment fund reporting tool is now in production. Blockchain Fund Cost Tool Finds Several Takers According to a report by Ledger Insights, a new investment fund reporting tool that uses distributed ledger technology (DLT) has gone into production.
2020-12-22 16:00 | |
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FinHub will have new independence and responsibilities, reporting directly to the SEC's chairman.
2020-12-4 23:06 | |
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The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.
2020-10-16 16:53 | |
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Grayscale announced a new milestone on Monday, its product Ethereum Trust (ETHE) has now officially become an SEC reporting company. With this latest update, accredited investors who purchase Grayscale Ethereum trust shares will have an earlier liquidity opportunity.
2020-10-12 20:10 | |
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The Investing and Saving Alliance (TISA) has announced that it is developing a blockchain-based utility for the asset management industry. The new solution known as TISA Universal Reporting Network (TURN) is projected to reduce data management costs by 80% to 90% in its first year of operation.
2020-9-23 20:45 | |
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The U. S. Internal Revenue Service (IRS) has sent out a new round of warning letters to crypto holders about correctly reporting their transactions. This is not the first time such a thing has happened.
2020-8-27 14:40 | |
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Crypto businesses in the UK are set to come under even greater scrutiny based on new plans by regulators in the country. The Financial Conduct Authority (FCA) continues to mandate strict compliance with financial laws for all cryptocurrency activities in the UK.
2020-8-26 23:00 | |
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Coin Metrics, a crypto analyst firm, has released a new framework called ‘Trusted Volume Framework’ to evaluate how trustworthy is the trading volume clams made by various exchanges every year. The analysts at Coin Metrics found that only a handful of exchanges, among hundreds, managed to cut when it comes to offering trading volume data. […]
2020-7-29 19:22 | |
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Ernst & Young expands its portfolio of digital business with a tax reporting app for cryptocurrencies
2020-6-19 21:16 | |
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Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said.
2020-6-6 14:02 | |
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Bitcoin drifted under $83,000 on Thursday as market focus shifted toward how liquidity is stacked on exchanges. Reports say a mix of big orders and tight ranges has left traders feeling boxed in. Some analysts warn that a break under a key level could spark sharper selling, while others point to concentrated buy orders that might cushion a drop.
Bitcoin slid sharply this week, hitting just above $82,000 in early US trading and triggering a wide purge of crowded positions. Based on data from Coinglass, roughly 270,000 accounts were wiped out across exchanges in the past day, and close to $1.
The US government has been trying to execute a historic pivot with its Bitcoin holdings, shifting from a messy, case-by-case inventory of seized crypto into a strategic national reserve for almost a year now.
Bitcoin price succumbed to a violent selloff on Monday while gold and silver surged to all-time highs following President Donald Trump‘s threat of sweeping new tariffs on European allies. According to CryptoSlate's data, BTC slipped below $93,000 within minutes during early Asian trading hours, after trading comfortably in the mid-$95,000s just moments earlier.
The US crypto industry believed it stood on the precipice of securing the regulatory legitimacy it has pursued for a decade, but the political ground has suddenly shifted beneath it. On Jan. 14, Sen.
On Jan. 13, the US Senate Banking Committee released the full text of the highly anticipated Digital Asset Market Clarity Act (CLARITY) ahead of its expected markup this week. The 278-page draft abandons the strategy of picking winners on a token-by-token basis.
Bitcoin investors are bracing for a rare convergence of market forces this week, walking into a gauntlet of three distinct macro and policy catalysts packed into a single 72-hour window. The catalysts include the release of December’s Consumer Price Index (CPI) on Tuesday, a potentially historic Supreme Court opinion day on Wednesday regarding executive tariff […] The post Bitcoin is walking into a perfect setup for a long-term bull run but first faces a brutal 72-hour gauntlet appeared first on CryptoSlate.