The US Senate is preparing to hold a final vote on March 27 to nullify …
IRS
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A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS …
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DeFi
“A misguided rush to regulate” — 1inch CCO blasts IRS over DeFi crackdown as Senate overturns rule
by shayaanCould DeFi survive under outdated financial regulations? Experts suggest that forcing decentralized platforms into compliance …
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Regulations
US lawmakers supported by White House to challenge IRS rules on DeFi reporting
by shayaanUS lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue …
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Strong support from many Democrats helped win a victory for a U.S. Senate effort to …
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Elon Musk, the billionaire entrepreneur and owner of social media platform X, recently posted a …
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Regulations
IRS Postpones Implementation of New Tax Rules for Crypto Asset Holders Interacting With Centralized Exchanges
by shayaanThe Internal Revenue Service (IRS) is suspending the implementation of new tax rules that will …
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Regulations
IRS grants temporary relief on crypto tax reporting rules amid legal challenges
by shayaanThe Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting …
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Regulations
Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking
by shayaanA prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules …
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Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and …