IRS issues rules on digital asset reporting, says front-ends are brokers
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets. Source link
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets. Source link
Recently, a cryptocurrency called Squid Game Token made headlines when it quickly gained popularity, only to collapse in a scam known as a “rug pull.” PeckShieldAlert on X (formerly Twitter) has warned about the scam. A fake Squid Game token…
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AssetLink RWA DePIN AI, a global market leader in real-world asset tokenization and decentralized physical infrastructure networks (DePIN), is honored to announce it has entered into a strategic partnership with Kima Network. The advantage of this interaction is that it…
Fractal analysis suggests a DOGE rally above $0.35 will culminate with new all-time highs abovce $2.35. Source link
In a latest development, Minister of Justice Bojan Božović has signed the decision ordering the extradition of Do Kwon to the United States of America (USA), as per a report from Vijesti. Previously, the Supreme Court of Montenegro had ruled…
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The Christmas holiday season has already been eventful for the crypto markets, as Bitcoin and Ethereum have both pulled back from their recent peaks. Despite those bearish moves from the key market leaders, some altcoins have shown considerable strength, while…
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules. Source link
Robert Kiyosaki, the Rich Dad Poor Dad author recently took to X and noted Larry Fink dumping Bitcoin. Notably, on December 25, BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), saw a record outflow of $188.7 million. This was one…