IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini. According to reports, custodial account transaction information involving crypto assets will be synchronized to the IRS through Form 1099-DA and
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The U.S. Court of Appeals for the Third Circuit ruled on Jan. 13, 2025, in favor of Coinbase in its legal battle with the Securities and Exchange Commission (SEC).
IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' tax filings.
Crypto tax changes for 2025: centralized exchanges like Coinbase and Gemini will report your transactions to the IRS using the new 1099-DA form.
The European Union's European Securities and Markets Authority wants nations in the EU to make sure that exchanges are complying with its stablecoin rules.
Starting in 2025, the IRS will require centralized crypto platforms to report transaction data via the 1099-DA form, impacting tax filings for digital asset investors.
As the cryptocurrency space continues to evolve with time, more investors are looking for ways to generate passive income from their digital assets and this
Donald Trump’s Solana-based memecoin, launched on January 17, has already reached a market cap of $26.7 billion at the time of publication. However, industry experts remain uncertain about its long-term impact on the crypto industry.
Despite the competitive memecoin market, the Official Trump (TRUMP) token quickly reached a $6.9 billion market capitalization. It was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin. The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.
MAGA and BTC united on Friday to celebrate what Trump’s crypto czar called an end of a “reign of terror” against cryptocurrency.
Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, hosted wallet providers, and payment processors must track and report