For individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A …
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Court authorizes IRS to request customer records from crypto firm Circle
The Internal Revenue Service (IRS) is seeking customer records from crypto firm Circle to check U.S. residents are meeting their tax obligations. According to a Thursday statement from the Department …
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Federal Judge’s Decision May Hurt Cryptocurrency Users’ Privacy Rights
A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. …
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