U.S. Cryptocurrency Users Face Stricter IRS Scrutiny
The IRS has introduced stringent reporting requirements for U.S. cryptocurrency transactions over $10,000, raising concerns about compliance challenges and potential legal repercussions.
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JUST IN: Jack Dorsey’s CashApp and Square will now display SATS with a ₿ symbol. 100 SATS become ₿100
31/01 04:45
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UniSat's Strategic Move: Embracing the Jubilee Upgrade for BRC-20's Future
UniSat's decision to follow the Ordinals Jubilee upgrade and release a white paper on January 31 marks a significant step in the blockchain realm, balancing innovation with community interests and protocol integrity.
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KikyoIRS Implements Stricter Reporting Requirements for Cryptocurrency Transactions
Effective January 1, 2024, these tax reporting obligations emerged as part of the infrastructure bill signed into law by United States President Joe Biden in November 2021.
AlexCrypto Markets Fluctuate as Bitcoin ETF Decision Looms
Crypto markets witnessed turbulence as Bitcoin and related stocks reacted to expectations of imminent approval for spot Bitcoin ETFs by regulators. Bitcoin's value dipped 5%, alongside declines in major crypto-related stocks, reflecting anticipation and uncertainty in the market.
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JoySteamboat Willie Inspires New Crypto Wave: The Launch of Mickey Meme Coin
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