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IRS claiming $44B from FTX bankruptcy: Report

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2 years ago

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The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.

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Coin Market

US government will not buy Bitcoin in 2025 — Galaxy Research

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2 hours ago

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December 28, 2024

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Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an “expanded Bitcoin reserve policy.”

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Coin Market

Crypto Biz: The Year of Bitcoin

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6 hours ago

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December 27, 2024

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This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.

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Crypto industry calls on Congress to block new DeFi broker rules

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7 hours ago

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December 27, 2024

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The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

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