
Internal Revenue Service
Treasury’s digital currency tax reporting rules aim to combat tax evasion in US
As the crackdown on tax evasion continues, the U.S. Treasury Department is lobbying for stringent regulations, which would include the...
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
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
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
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
In a petition filed in San Francisco, Kraken argued that it should not be required to comply with “the enormous...
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