Latest News
California Judge Rejects Coinbase User’s Bid to Quash IRS Crypto Tax Summons
A California federal judge denied a Coinbase user's bid to quash an IRS crypto tax summons, letting the agency obtain account records from the exchange.
Crypto News Summary March 14
March 14 crypto recap: stablecoin supply games, Ghana's new regulatory sandbox, and pre-macro market signals as traders focus on real yield and rails.
South Korea to Deploy AI to Track Crypto Gains in Major Tax Compliance Crackdown
South Korea's NTS is procuring an AI platform to analyze crypto trading data, calculate gains, and flag tax evasion targets for audits to curb underreporting.
Coinbase slams IRS 1099-DA crypto tax form, warns of costly over-reporting
Coinbase criticizes IRS 1099-DA crypto tax form, warning gross-proceeds reporting will overstate activity, confuse users and raise costs for users and brokers.
IRS Proposes Electronic Crypto Tax Forms to Streamline Reporting, but Staking and Mining Tax Uncertainty Remains
IRS proposes default electronic delivery of crypto tax forms from brokers to speed reporting for U.S. taxpayers, but staking and mining rules stay unclear.
New IRS Crypto Tax Rules Spark Confusion for U.S. Investors as Reporting Crackdown Looms
New IRS crypto tax rules tighten cost-basis tracking by wallet and broker reporting, leaving U.S. investors scrambling ahead of enforcement crackdowns looming