US federal agency issues legal advisory on NFT investments

The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate.

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Tax reporting platform CoinLedger announces Polygon integration

CoinLedger, one of the biggest tax reporting platforms for NFT, DeFi, and cryptocurrency users,… The post Tax reporting platform CoinLedger announces Polygon integration appeared first on CoinJournal. дальше »

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Warren Targets Crypto Miners Over “Disturbing” Energy Consumption

Senator Elizabeth Warren has called out the crypto industry yet again. This time, U.S.-based cryptocurrency miners are in her crosshairs. Warren Pushes for Crypto Miner Reporting Requirements Senator Elizabeth Warren... дальше »

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Three Arrows Liquidators Ask Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times

Media in Singapore are reporting that Three Arrows’ liquidators are working to get Singaporean courts to recognize the British Virgin Islands (BVI) liquidation order. дальше »

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Three Arrows Liquidators Ask Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times

Media in Singapore are reporting that Three Arrows’ liquidators are working to get Singaporean courts to recognize the British Virgin Islands (BVI) liquidation order. дальше »

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New York Regulators Have Planted a Seed for Stablecoin Transparency

New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist. дальше »

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IRS Likely to Delay Crypto Exchange Reporting

The Biden administration seems poised to delay when it expects cryptocurrency brokers and exchanges to start reporting on their clients’ trading. The post IRS Likely to Delay Crypto Exchange Reporting appeared first on BeInCrypto. дальше »

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Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule

“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization. дальше »

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US govt delays enforcement of crypto broker reporting requirements: Report

The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024. дальше »

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US Infrastructure Law’s Reporting Requirements for Crypto Brokers Likely to Face Delay

Hotly-debated reporting requirements for crypto exchanges and brokers included in U.S. President Joe Biden’s $1 trillion infrastructure law could face a major delay. дальше »

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Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks

The firm said it was starting a "Crypto Incident Response" hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” дальше »

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XELS positions NFT-based platform as future of corporate climate action disclosure

Eco-technology platform Xels is positioning itself as the future of decentralized climate action disclosure for corporations seeking transparency in their carbon emissions reporting. Xels allows corpoThe post XELS positions NFT-based platform as future of corporate climate action disclosure appeared first on AMBCrypto. дальше »

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These coins are performing relatively well despite the bear market

The overall crypto market is now reporting a major decline. Many analysts see a… The post These coins are performing relatively well despite the bear market appeared first on CoinJournal. дальше »

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Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule

Coin Center filed a lawsuit against the U.S. Treasury Department for drafting an unconstitutional amendment to the infrastructure bill. The post Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule appeared first on BeInCrypto. дальше »

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Coin Center takes US Treasury to court over alleged financial spying

Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate. дальше »

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Coin Center Sues US Treasury Over 'Unconstitutional' Tax Reporting Rule

Crypto think tank Coin Center filed a suit against the U.S. Treasury Department and Internal Revenue Service on Friday, claiming a crypto tax reporting requirement enshrined in a 2021 infrastructure law is "unconstitutional." дальше »

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Coin Center Sues US Treasury Over 'Unconstitional' Tax Reporting Rule

Crypto think tank Coin Center filed a suit against the U.S. Treasury Department and Internal Revenue Service on Friday, claiming a crypto tax reporting requirement enshrined in a 2021 infrastructure law is "unconstitutional." дальше »

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Bitcoin: Bull run or a bear halt? Here's what crypto analysts are suggesting

Major analysts across the crypto industry are predicting a bear run for Bitcoin [BTC] despite a recent price surge. Furthermore, a majority of the population holding the token is also reporting a negaThe post Bitcoin: Bull run or a bear halt? Here's what crypto analysts are suggesting appeared first on AMBCrypto. дальше »

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IRA Financial Sues Gemini Over $37M Crypto Heist

The lawsuit corroborates earlier reporting that hackers deployed a police SWAT team as “a ruse to distract IRA employees” on the day of the attack. дальше »

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Texas to launch investigation into Twitter 5% bots claim

Texas Attorney General Ken Paxton has revealed that his office is launching an inquiry into Twitter’s bot reporting as it might violate the Texas Deceptive Trade Practices Act.  The social media company claims that the bot accounts on its platform are less than 5%, but the AG’s office says this might be false as bots […] The post Texas to launch investigation into Twitter 5% bots claim appeared first on CryptoSlate. дальше »

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Cryptio Raises $10M to Make Crypto Accounting Easier

The back-office solution helps collect fragmented on-chain data for accounting and tax reporting purposes. дальше »

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Coinledger.io (formerly Cryptotrader.Tax) Review – Is This Bitcoin Tax Calculator Legit and Safe?

While crypto enthusiasts wait for more favorable regulatory winds to blow, reporting your cryptocurrency taxes is a real hassle. Well, it is a hassle if you try doing it manually or with some outdated calculator. дальше »

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Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules

The OECD is trying to introduce new rules to stop crypto being used to stash assets out of sight of the taxman. дальше »

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Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It

May has been an explosive month for cryptocurrency, with huge market crashes and the complete collapse of LUNA causing a massive downturn in average trading figures. To add to this news, Coinbase’s recent financial reporting release doesn’t shine favorably on the decentralized exchange. дальше »

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Litecoin confidential transactions spook Korean exchanges

The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems. дальше »

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Binance investment in LUNA drops from $1.6B to under $3K

Binance’s investment in LUNA dropped from $1. 6 billion to less than $3,000. On Tuesday evening, Changpeng “CZ” Zhao linked a Fortune article reporting the leading exchange’s LUNA losses with the comment “poor again”, an oft-repeated phrase in the crypto community. дальше »

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Chainalysis announces $170M funding round, platform now valued at $8.6 billion

This is the tenth and largest funding for the blockchain aggregation and reporting service since its inception in October 2014.

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Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets

Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings. дальше »

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Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project

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... дальше »

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Kazakhstan imposes strict energy consumption reporting requirements on crypto miners

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. дальше »

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Kazakhstan ramps up power consumption reporting requirements for crypto miners

Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. дальше »

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Taxpayers get a surprise as the IRS pushes for reporting on crypto assets

The 2022 tax season is coming to an end without many challenges.

The post Taxpayers get a surprise as the IRS pushes for reporting on crypto assets appeared first on CryptoSlate.

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Core Scientific Begins Reporting Daily Bitcoin Production

Bitcoin miner Core Scientific announced it would be releasing daily production numbers of self-mined BTC and called for further industry transparency. дальше »

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Core Scientific Begins Reporting Daily Bitcoin Mining Production

Earlier in April, a project by Block, Blockstream, and Tesla project revealed plans to publish real-time mining data. дальше »

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Ethereum (ETH) is set for a strong bullish run – Here is why

After reporting sharp losses at the start of this week, Ethereum (ETH) has rebounded. The… The post Ethereum (ETH) is set for a strong bullish run – Here is why appeared first on Coin Journal. дальше »

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Crypto wallet firm Ledger integrates tax solution to simplify reporting

The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills.

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Loopring (LRC) could rally to $1.2 in the near term – Here is the setup

After reporting a sharp fall over the last three days, it seems like Loopring… The post Loopring (LRC) could rally to $1.2 in the near term – Here is the setup appeared first on Coin Journal. дальше »

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Shopify Bitcoin payments integration triggers legal questions from the community

Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. дальше »

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Investors lose $20 million in NFT rug-pull

Since the beginning of the year, we’ve reported about NFT scams supported by celebrities, and unfortunately, another multi-million dollar rug pull recently occurred in the NFT space The depressing scourge of NFT scams Writing this piece, it dawned on me that this is the fourth NFT rug pull I’m reporting on this year, and as […] The post Investors lose $20 million in NFT rug-pull appeared first on NFT News Today. дальше »

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Small Cap Altcoins Beat Bitcoin And Other Crypto Assets 10 To 1, But Why?

The Small Cap altcoins index has been outperforming the larger coins’.   As NewsBTC has been reporting, smaller caps have been looking like the best investment in the past months. Now that the larger Caps found relief recording gains once more during March, the Smaller Cap is still crushing the numbers. дальше »

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Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules

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. дальше »

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8 Congress Members Ask SEC for Details on Crypto Company Investigations

The bipartisan group led by Tom Emmer wants to ensure regulators do not stifle American innovation by imposing burdensome reporting requirements. дальше »

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Astroswap (ASTRO) gains nearly 7% after announcing a new partnership with World Mobile

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. дальше »

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NFTs from the hype to the heap of scandals

In the last few weeks, NFTs have drawn attention, albeit not for very good reasons. The first news came from OpenSea, one of the biggest NFT marketplaces, reporting that 80 percent of the NFTs minted using their free tool was fake, spam, or plagiarism. дальше »

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A Bitcoin Tax Reporting Nightmare Is Coming In 2023

As bitcoin investors prepare for tax season, they may not be surprised to learn that misguided regulation will make tax reporting even harder in the future. дальше »

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US Senator Warren Drafting Bill to Ensure Crypto Can’t Be Used to Evade Sanctions

One of the bill’s provisions would make it easier to verify customer identities and transfers to private wallets by enforcing detailed record keeping and reporting, according to NBC News. дальше »

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Cardano (ADA) Founder, Charles Hoskinson Accused of Falsifying His Bio

Charles Hoskinson, a famous American software developer, founder of Cardano (ADA), Co-founder of Ethereum, and a successful entrepreneur, defended fame as an arrogant crypto space debater. In Germany, Charles Hoskinson had already criticized IOTA, cryptocurrency, almost twelve months ago and impeached IOTA for false reporting on the subject matter “freedom from fees.”  Related Readings | […] дальше »

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FinCEN includes crypto in alert on Russia potentially evading sanctions

“Prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people,” said FinCEN acting director Him Das. дальше »

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Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems

Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. дальше »

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How Web 3 Could Change Tax Collection

A third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next? дальше »

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