IRS to summon users who don’t report and pay tax on crypto transactions
The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.
The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.
Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning.
Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.
Specifications on Zilliqa’s “user-friendly” console are yet to be revealed, but a prototype design resembling an Xbox console has been released.
Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.
Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality in September.
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.
Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets.”