IRS Will Make It Harder to Avoid Declaring Crypto on Tax Returns
The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.
Tag: Policy & regulation
Fed Reserve Governor Brainard Said to Be Biden’s Choice for Treasury Secretary
Lael Brainard, who has been involved with the Fed’s efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
The draft bill would define bitcoin and other cryptos as “currency” instead of an “asset” for tax purposes.
New Bipartisan Bill Would Classify Digital Tokens as Commodities, Not Securities, in US
A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.
Messaging Giant LINE Launches Token Reward Program
Messaging app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps.
0x, Kraken and Stellar Awarded Board Seats at Top Crypto Lobbying Association
The new board members represent decentralized finance and institutional crypto alike.
The Currency Cold War: Four Scenarios
Stablecoins. Bitcoin. Libra. China’s DCEP. Digital $. By 2030, there could be dozens of competing currencies. How will the money wars play out?
Silk Road Programmer Pleads Guilty to Making False Statements
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
SEC, OCC Issue First Regulatory Clarifications for Stablecoins
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.
Here in Venezuela, Doctors Struggle to Access Aid From Crypto Platform
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.
