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Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions

A recent proposal in Congress aims to direct the IRS to review the de minimis exemption for cryptocurrency transactions. This exemption currently allows individuals to avoid tax reporting on small transactions, typically under $200. The proposed reform seeks to clarify and potentially expand these exemptions to encourage broader adoption of digital assets. Supporters argue that simplifying tax obligations could stimulate innovation and investment in the crypto space. The move reflects ongoing discussions about how to regulate and tax cryptocurrencies effectively.

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Fairshake PAC’s $20M backing pays off in three US state primaries

Fairshake PAC's $20 million investment has yielded significant results in three U.S. state primaries, where candidates supported by the political action committee achieved notable victories. The PAC focuses on promoting pro-cryptocurrency policies and candidates, aiming to influence the political landscape in favor of the crypto industry. The

Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

On May 20, 2023, analysts provided price predictions for several major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and others. Bitcoin is expected to face resistance around $30,000, while Ethereum may test the $2,000 mark. Binance Coin is projected to hold steady near $300, and XRP

SEC’s ‘Crypto Mom’ to join law school, signaling end of time at regulator

The SEC's "Crypto Mom," Hester Peirce, is set to leave her position at the regulatory agency to join a law school as a faculty member. Peirce, known for her pro-crypto stance and advocacy for regulatory clarity in the digital asset space, has been a prominent figure

Securitize remains in the red even as record quarter fuels public listing plans

Securitize reported a significant increase in revenue during the last quarter, achieving a record high of $9.1 million, which represents a 200% year-over-year growth. Despite this growth, the company continues to operate at a loss, with a net loss of $4.3 million for the quarter. Securitize is planning

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Fairshake PAC’s $20M backing pays off in three US state primaries

Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

SEC’s ‘Crypto Mom’ to join law school, signaling end of time at regulator

Securitize remains in the red even as record quarter fuels public listing plans