With all of the recent crypto tax guidance, letters and updated FAQs passed down from the IRS, how much of this new "guidance" is legally binding?
Dash Platform, the long-awaited upgrade to the Dash network formerly codenamed Evolution, has been released to testnet including a developer documentation portal. In a post released today, Dash Core Group Product Owner Dana Alibrandi announced today the release of Dash Platform to Evonet, a public testnet enabling developers to experiment with the functionalities of the …
Today's
AROUNDTHEBLOCK
: 1. Mnuchin: New Crypto Regulations Are Coming 2. Altseason is here 3. Forbes lists 6 blockchain companies among the top 50 fintech firms of 2020
Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end?
The future circular economy and blockchain use cases look positive as more and more brands turn toward adopting a circular economy.
Before you contact an accountant, it helps to know the basic rules around the way the IRS looks at taxes when cryptocurrency is involved in a transaction. Fortunately, the basic rules are not compl…
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple's lawsuit, India's supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines in Canada and Malaysia. We also cover the FATF's progress to ensure countries implement its crypto standards, the regulatory developments in South Korea, China, Russia, Uzbekistan, Venezuela, and six central banks and the Bank for International Settlements collaborating on central bank digital currencies.
YouTube starts to remove bans from crypto-related content as YouTubers look towards decentralized social media platforms.
U.S. Congress drafts legislation against big tech companies acting as financial entities and securities regulations, but will Facebook back down?
According to the South Korean Ministry of Finance's new announcement, the country's current tax laws do not include the taxation of profits made through