The goal of Tuesday’s inaugural Congressional hearing on DeFi was to “explore emerging topics” in digital assets, Rep. French Hill said

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

Industry advocates are continuing to break out their checkbooks as election season ramps up

DC AG Brian Schwalb said the case is the “largest income tax fraud recovery” in DC history

Tokens for soccer teams Paris Saint-Germain and FC Barcelona mirror their victories and losses

Runes, crypto taxes and Binance’s execs stuck in Nigeria

In this edition: Analyzing the SEC’s market impact, the 13F ETF tell-all and FTX generating bipartisan unity in Congress

Treasury on Monday released its 2025 revenue proposals, known as the “Greenbook,” detailing many of the same plans it unveiled last year

Elsewhere, Readygg welcomes former PlayStation Division executive as an advisor

Selling and trading cryptocurrencies will trigger a taxable event

There are fresh reporting requirements for crypto, but the Treasury says businesses get a pass until they can finalize the new rules

The platforms allow collectors to offload their low-value NFTs to reduce capital gains tax liability

After Thursday’s JTO airdrop causes a frenzy in crypto markets, accountants remind traders that they need to claim their new assets as income, even if they never sell

In a call with reporters Monday, division chief Jim Lee said that crypto-related tax evasion cases are mounting

Their current stance is a half-baked attempt that could stifle innovation and burden an emerging industry

Accountants and exchanges have started to parse through the new IRS tax proposals and decipher what they could mean for investors and the future of the industry

Accountants say anyone trading on the popular app should expect to report their activities and profits to the IRS

Non-regulated exchanges operating in Ukraine are said to have amassed $445 million in trading fees over 10 years, leading to losses in tax revenue for the state

A group of Democratic senators have asked the Treasury and IRS to speed up their rulemaking process for crypto tax policy

Crypto rewards must be included in income once the taxpayer gains control over them, the IRS ruled

The crypto accounting firm is looking to expand beyond its core business lines

The bill will reduce taxes on the sale of cryptocurrencies held for at least 12 months from as much as 25% down to 7%

A Coinbase user had attempted to argue the IRS violated his constitutional rights when it sought his trading data

Lummis originally made critical comments of the Biden Administration’s tax on bitcoin miners at Bitcoin Miami, but retweeted an article summing up her views on Thursday

Businesses should take a look at their product offerings and think proactively about what regulators might start enforcing soon