IRS team reports rise in crypto tax investigations
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions.
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions.
Original source
Read on CointelegraphRelated market context
United States borrowing costs rise amid global bond sell-off, squeezing crypto and traditional markets alike
Rising borrowing costs strain global markets, prompting shifts to safer assets and exacerbating fiscal challenges amid geopolitica...
Humanity Protocol’s $36M hack linked to suspected North Korean hackers, Quantstamp reports
The incident underscores the urgent need for improved cybersecurity measures and key management practices to protect against sophi...
MetaMask reports connectivity disruption across multiple blockchain networks
The disruption highlights the vulnerability of decentralized finance ecosystems to single points of failure, impacting user trust...
Scotland captain Andy Robertson channels The Traitors for World Cup team bonding, years after his own NFT betrayal
Robertson's team bonding strategy highlights the evolving role of leadership in sports, while past NFT missteps underscore caution...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...