11-21-2024
BSV
$66.31
Vol 201.1m
-0.82%
BTC
$98230
Vol 118929.17m
4.25%
BCH
$483.8
Vol 2153.71m
10.69%
LTC
$89.41
Vol 1393.74m
6.99%
DOGE
$0.38
Vol 9648.28m
3.04%

Internal Revenue Service

IRS: Staking rewards are taxable income
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8 August, 2023

IRS: Staking rewards are taxable income

Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...
US federal judge rules Kraken must hand over user information to IRS
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5 July, 2023

US federal judge rules Kraken must hand over user information to IRS

Following the rejection of Kraken’s opposition to the IRS request, the exchange is now obliged to hand over 160M transaction...
IRS, DHS, DEA form new task force targeting ‘crypto’ crime
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23 June, 2023

IRS, DHS, DEA form new task force targeting ‘crypto’ crime

The three have partnered with the Office for US Attorneys and Postal Inspection Service to target crypto drug trafficking, money...
US taxman seeks $44 billion from what’s left of FTX/Alameda
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12 May, 2023

US taxman seeks $44 billion from what’s left of FTX/Alameda

The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West...
Kraken ask court to intervene against IRS demands
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1 May, 2023

Kraken ask court to intervene against IRS demands

In a petition filed in San Francisco, Kraken argued that it should not be required to comply with “the enormous...
IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable
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23 March, 2023

IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable

Under the proposed guidance, NFTs are covered by the tax law if they have been identified as a "collectible," which...
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