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No Precedent: IRS Court Settlement Doesn't Clarify Crypto Staking Taxes
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.
U.S. Authorities Crack Down on Crypto ATMs Involved in Human and Drug Trafficking
Bitcoin ATMs are coming under some scrutiny for their lack of regulation.
Congress Passes $1.2 Trillion Infrastructure Bill, Paving Way for Extra Crypto Taxes in U.S.
The bill changes the legislative definition of a ‘broker’ to include custodial crypto services like Coinbase.
Binance Hires IRS Agent Who Helped Crack Silk Road Case
Binance hired two former IRS special agents, including one helped crack the Silk Road case, as part of a push to improve its reputation with regulators.
IRS Makes New Crypto Broker Guidance a ‘Priority’ in 2021-22 Plan
Biden’s Treasury Department is opening another front in its effort to police crypto tax cheats