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Crypto's impact on government deficits isn't straightforward. From Bitcoin undermining fiscal policy to stablecoins supporting U.S. debt markets, here's what you need to know.
A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, ...
The US Treasury repeals controversial crypto tax rule, signaling a shift towards pro-crypto policies for industry growth.
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Cryptopolitan on MSNIRS rule dies, but crypto still on Treasury’s radarThe Treasury has on Thursday quietly erased a major crypto reporting rule that would’ve forced platforms across the industry, ...
The city attorney for Grosse Pointe Farms drafted an ordinance that would, for starters, limit how much money customers could ...
The crackdown follows data-driven analysis revealing widespread violations in the reporting of Virtual Digital Asset (VDA) income. According to sources, the CBDT is actively investigating individuals ...
India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to virtual digital assets, including cryptocurrencies. According to government officials ...
The Wall Street watchdog under Trump-appointed leaders has now tossed or paused around a dozen crypto enforcement actions. “The SEC’s dismissal of its Binance suit underscores the agency has ...
Key Takeaways: Crypto tax filings in Finland nearly doubled in a year, but only a fraction of holders report trades. Authorities are ramping up enforcement, including asset seizures and cross-border ...
According to @StockMKTNewz, a recent watchdog report highlighted by CNBC reveals that the IRS has lost nearly one in three tax auditors due to budget cuts linked to DOGE-related funding reductions ...
As a result, market participants may see reduced risk of immediate IRS enforcement, potentially increasing short-term trading activity and volatility in the crypto market. However, long-term risks ...
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