In a recent turn of events, Amir Bruno Elmaani, the 31-year-old founder of the cryptocurrency scheme Oyster Protocol, has been sentenced to four years in
Category: IRS
Consensys Requests Two Critical Modifications to IRS
Metamask developer Consensys has made a formal request to extend the deadline for the implementation of the IRS broker reporting rules, as per a tweet
US Treasury Unveils Crypto Tax Reporting Guidelines
The United States Treasury Department has introduced comprehensive guidelines for cryptocurrency tax reporting. Crypto Exchanges and Investors to Report Holdings According to the document, cryptocurrency
Kraken to Turn Over User Data to IRS Per Court Order
One of the world’s prominent crypto exchanges Kraken has been ordered by a U.S. Federal court to hand over user data to the Internal Revenue
BTCUSDT Tumbles Amid Coinbase-US IRS Debacle, Bitcoin Price To Crash?
Bitcoin failed to build upside momentum on Hong Kong’s crypto regulatory regime launch on June 1. BTC price tumbled 2%, extending Wednesday’s downfall as Bitcoin
Court Rules in Favor of IRS in Coinbase Documents Seizure Case
In a significant ruling, a federal judge in New Hampshire has dismissed a lawsuit brought against the Internal Revenue Service (IRS) challenging the agency’s procurement