New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2. According to CoinCenter, those new rules require anyone who receives at least $10,000 in cryptocurrency to report...
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers.
Zilliqa Group and Google Cloud have formed an exclusive partnership to develop the Zilliqa Layer 1 blockchain protocol. This will pertain to upgradeability, durability, and data connectivity. In the case of Web3 services and decentralized...
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The IRS releases guides on how to report taxes using form 1040. People who purchased crypto with real currency and have been hodling are exempted. Cryptocurrency taxation has come underfire in recent months for its supposed lack of clarity. The...
A recent survey by Pew Research showed more than 86% of Americans that are now aware of cryptocurrency, and the number of cryptocurrency users is now estimated at more than 300 million. Growth of awareness has also attracted fraudsters’ attention,...
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