The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.
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.
The draft bill would define bitcoin and other cryptos as “currency” instead of an “asset” for tax purposes.
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 app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps.
The new board members represent decentralized finance and institutional crypto alike.
Stablecoins. Bitcoin. Libra. China’s DCEP. Digital $. By 2030, there could be dozens of competing currencies. How will the money wars play out?
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.