The U.S. Treasury Department proposed Thursday that cryptocurrency transactions of more than $10,000 are required to report to the U.S. Internal Revenue Service (IRS). In a proposal...

Bitcoin crashes after Tesla abandons the cryptocurrency as a payment method, the crypto world criticizes Elon Musk and DOGE staves off competition from a furry rival.

Crypto exchange giant Binance is allegedly under investigation by the U.S. Internal Revenue Service (IRS), as well as the Department of Justice (DOJ) for money laundering and tax evasion. BREAKING: Binance, the world's biggest crypto exchange, is under investigation by the Justice Department and IRS https://t.co/mk0Njo7tUE — Bloomberg Crypto (@crypto) May 13, 2021 According to […]

The U.S. Internal Revenue Service (IRS) has revealed its plans to seize citizens’ crypto assets in order to settle unpaid taxes. Agency official Robert Wearing made the announcement earlier this week while addressing a virtual conference. The IRS will seize cryptocurrencies and attempt to follow its usual procedures to sell them and use them to satisfy collection. This […]

Cryptocurrency exchange Binance is reportedly facing an investigation by the U.S. Internal Revenue Service as well as the Department of Justice, according to a report by Bloomberg.

The post Crypto exchange Binance faces investigation by IRS, Department of Justice: report appeared first on The Block.

Hungary may soon become attractive for cryptocurrency investors, as the government is considering reducing tax imposed on crypto trading in 2022. Hungary’s Crypto Tax Reduction Could Attract Investors In a video posted on Facebook Hungary’s Minister of Finance, Mihály Varga, the government official addressing the country revealed that there were plans to reduce the taxRead More

After gaining access to Circle users’ data, the IRS is now looking for Kraken customers who have failed to comply with internal revenue laws.

The court isn't ready to authorize IRS's request to obtain Kraken's customer record saying its too overbroad at the moment.

A fresh survey conducted by Mizuho Securities on March 15, 2021, has revealed that nearly 10 percent of American residents eligible to receive President Biden’s $1,400 COVID-19 stimulus checks in the coming days, are looking to invest it in bitcoin (BTC).  Americans Prepare to Buy More Bitcoin  Since March 12, 2021, the U.S. Internal RevenueRead More

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!Top Stories This WeekDeFi...

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses...

Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty...