The Department of the Treasury and the IRS propose significant tax reporting changes for digital asset brokers starting 2026. This covers a wide array of digital assets and introduces Form 1099-DA for brokers. Here’s what you need to know.
This blog post will provide an overview of the U.S. government cryptocurrency regulation, discuss the roles of key regulatory agencies, and compare the U.S. approach to that of other countries. Dive in to gain a deeper understanding of the intricate world of cryptocurrency regulation.
IRS’s Rev. Proc. 2023-14 Clarifies Taxation on Cryptocurrency Staking Rewards: An overview of the latest guidance on proof-of-stake reward taxation and its implications for cryptocurrency holders and validators.
Recent statements from Coinbase and the SEC have reignited discussions about when crypto assets should be classified as securities. Amid growing uncertainties in the cryptocurrency industry, a comprehensive exploration of this issue is needed. Blockchain technology, fungible tokens, and cases like the recent SEC vs Ripple Inc. verdict play pivotal roles in these debates, raising crucial questions about whether the tokens themselves or their sales transactions should be classified as securities.
