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IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. The decision reflects the agency’s recognition of the complexities in crypto taxation and the need for regulatory adaptability in response to evolving markets. дальше »

2025-1-2 23:30


Significant $83 million daily inflows recorded for Ethereum ETF by Fidelity - What's next?

Ethereum ETFs saw a rebound, bringing relief to the 17 million holders in the red.  ETH will need to step up to stay ahead in the competitive altcoin race. The New Year buzz is still prettyThe post Significant $83 million daily inflows recorded for Ethereum ETF by Fidelity - What's next? appeared first on AMBCrypto. дальше »

2024-12-28 06:00


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UK gambling industry escapes feared tax hikes in Autumn Budget

The UK gambling industry breathed a sigh of relief on October 30 when the Autumn Budget spared it from significant tax increases. Leading up to the announcement, concerns had mounted over potential tax raids that could have reshaped the sector, particularly for brick-and-mortar betting shops and online gambling operators. Concerns of tax hikes: two rumoured […] дальше »

2024-11-21 15:35


‘XRP Is Not A Security’: Bitnomial Files Lawsuit Against SEC

Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC’s claim that XRP is a security. The complaint, lodged in the United States District Court for the Northern District of Illinois, seeks declaratory and injunctive relief against the federal regulator’s attempt […] дальше »

2024-10-11 12:30


Bitcoin Open Interest Growth Lags As Price Rebounds: Here’s What It Means For BTC

As Bitcoin (BTC) recovers from recent lows of around $52,500, open interest in the digital asset is rising much slower than the asset’s price. Bitcoin Relief Rally Could Be Spot-Driven Cryptocurrency trader and investor Daan Crypto made an interesting observation about Bitcoin’s open interest and the asset’s price action. In a post published on X, […] дальше »

2024-9-11 02:00


SEC charges two brothers in $60 million Ponzi scam

The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief to freeze the brothers’ assets The US Securities and Exchange Commission announced it charged two brothers over a $60 million Ponzi scheme that impacted more than 80 investors in the […] The post SEC charges two brothers in $60 million Ponzi scam appeared first on CoinJournal. дальше »

2024-8-27 14:25