This week, there’s been some big news for U.S. based crypto projects. Eric Trump confirmed that U.S.-based projects like XRP and HBAR will eventually benefit from zero capital gains tax, while non-U.S ...
Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, ...
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IRS to introduce a third-party reporting system for crypto transactions on CEXs like Coinbase and Gemini in 2025The IRS will require centralized trading platforms to report users' crypto transaction information to the tax department ...
In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns ...
IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' ...
The IRS recently introduced a new rule stating that investors must use wallet-based cost tracking. And it’s likely the first ...
Key takeawaysSelling, trading, mining and using Bitcoin for purchases are all taxable under most jurisdictions. Accurate ...
Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...
Cryptocurrencies have transformed online transactions, offering a level of anonymity and privacy that all online users strive to have.
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