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IRS to summon users who don’t report and pay tax on crypto transactions

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2 years ago

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The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.

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Judge pushes CFTC trial with Gemini to Jan. 21

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1 hour ago

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December 30, 2024

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The civil case between the US financial regulator and Gemini Trust Company was initially scheduled to go to trial before Donald Trump’s inauguration.

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Grayscale adds AI launchpads, Solana DeFi apps to Q1 2025 top tokens

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2 hours ago

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December 30, 2024

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The asset manager has added tokens including HYPE, VIRTUAL, ENA and JITO to its list of the top 20 tokens to watch.

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Blockchain Association sues IRS over digital asset reporting rules: Law Decoded

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2 hours ago

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December 30, 2024

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The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.

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