IRS Simplifies Crypto Tax Reporting with New Draft of 1099-DA
IRS unveils a simplified 1099-DA form for 2025, removing wallet addresses and transaction IDs to ease digital asset reporting, though some experts call for further improvements.

IRS unveils a simplified 1099-DA form for 2025, removing wallet addresses and transaction IDs to ease digital asset reporting, though some experts call for further improvements.
On April 19, the U.S. Internal Revenue Service (IRS) released the first draft tax form specifically for digital asset transactions, 1099-DA, which is intended to report digital asset gains from broker transactions.
Explore the groundbreaking launch of Magic Square's $SQR Token, backed by Binance Labs and KuCoin Labs. Discover its technological innovations, market impact, and potential to revolutionize various industries.
Square Enix, renowned for its Final Fantasy franchise, takes a bold step into the NFT world with Symbiogenesis, its blockchain game project. The debut of Ethereum NFT heroes raises eyebrows, not only for their unique digital traits but also for their distinctive names.
The gaming giant has initiated the Chapter 1 allowlist entry campaign, inviting fans to mint exclusive digital collectibles for free.
Pioneering the convergence of gaming and NFTs, Square Enix introduces SYMBIOGENESIS, a global digital art project.
Binance rebrands its well-known crypto news feed platform, Binance Feed, to Binance Square, a monetisation social platform.
An NFT plan has been made public by Square Enix, a Japanese entertainment corporation and video game developer. However, Minecraft, a ...
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store while the digital collectibles will be available in 2023.
Jack Dorsey said: "Block is a new name, but our purpose of economic empowerment has not changed. No matter how we grow or change, we will continue to build tools to help increase economic opportunity."