IRS

IRS crypto crackdown: warning letters surge ahead of 1099-DA rule

More crypto investors in the U.S. are receiving tax warning letters. In the past 60 days, CoinLedger recorded a 758%…

IRS appoints trish turner amid crypto leadership shake-up

The Internal Revenue Service has named Trish Turner as the new head of its digital assets division. This move follows…

NFT Trader faces prison for tax fraud in CryptoPunks case

A Pennsylvania man may face six years in prison after admitting he lied on his tax returns about millions made…

Blockchain battle: Crypto advocates fight IRS DeFi rule

The Blockchain Association urges Congress to support Senator Ted Cruz’s effort to repeal the IRS’s DeFi broker rule. The association…

Binance secures broker license in Brazil

Another day, another regulatory breakthrough for Binance: The exchange got the nod from the Central Bank of Brazil to buy…

IRS adjusts crypto tax rules, eases burden for CeFi users

The IRS has introduced a temporary policy to ease tax compliance for crypto holders using centralized exchanges (CeFi). This exemptive…