Tax News
BSC Upgrade & Staking Announcements
Comprehensive review of two major changes to coming into effect for SquidGrow on October 1st. For a very long time now, both of these issues...
The Current Forkast
Top blockchain and crypto news: China’s economic woes could spell trouble for crypto. Real fear in NFT markets. Can Friend.tech revive Soc...
India’s CoinSwitch crypto exchange fires 44 employees as trading volumes drop
CoinSwitch, an Indian cryptocurrency exchange backed by Tiger Global and Sequoia Capital, has laid off 44 employees from its customer suppor...
New Crypto Tax Reporting: READ THIS if you’re a US Citizen!
The Biden Administration has made significant strides to address the ambiguous domain of cryptocurrency taxation. A newly proposed tax rule ...
News Explorer — IRS Floats Reporting Requirements for Digital Assets
IRS Floats Reporting Requirements for Digital Assets The U.S. Department of the Treasury and the IRS have released proposed regulations on r...
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regula...
Unraveling the Hype Around These Top 3 Memecoins Pepe, Floki, Pomerdoge
In the dynamic world of crypto, innovation often goes hand in hand with speculative hype, with memecoins tilting more towards the latter. Wi...
DeFi Can Be Killed If This Tax Proposal Is Introduced
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market informat...
DeFi Education Fund CEO Slams U.S. Treasury’s “Confusing and Self-Refuting” Draft Regulations on Crypto
On 25 August 2023, the U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), unveiled draft regulations...
How digital assets will be affected following IRS’ new rules
This initiative is a part of the Biden administration’s wider implementation of the bipartisan Infrastructure Investment and Jobs Act (IIJ...
U.S. Treasury Proposes New Reporting Rules for Digital Asset Brokers, Crypto Community Responds
The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has released a set of draft regulations targe...
Crypto Exchanges Under IRS Radar: New Treasury Proposal Demands Detailed Transaction Reports
The US Treasury Department has recently published a proposed rule requiring cryptocurrency brokers, including exchanges and payment processo...