Finance News – Global Crypto
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US government urges court to reject Coinbase user’s crypto records fight
The US government contends that denying the IRS access to James Harper’s cryptocurrency records could hinder tax enforcement efforts and impact government revenue collection.
Read Full Article →Elderly crypto investors are getting scammed: Teach them these key safety tips
Seniors often face financial losses in cryptocurrency scams due to targeted exploitation of their retirement savings, limited technology experience, and the irreversible nature of...
Read Full Article →Crypto industry urges SEC to clarify staking stance
Clarification on regulatory treatment of cryptocurrency staking could significantly impact investment opportunities and compliance costs for blockchain service providers and digita...
Read Full Article →How to handle crypto trading gains and losses on your balance sheet
Accurately reflecting cryptocurrency transactions on financial statements is important for compliance, tax optimization, and providing a clear picture of an entity’s financial posi...
Read Full Article →BTC retreats, Nvidia considering BTC treasury, SOL fixes zero-day
Major developments including shifts in digital asset prices, corporate interest in cryptocurrency reserves, and security improvements highlight evolving market dynamics with potent...
Read Full Article →IRS appoints Trish Turner to head crypto division amid resignations
The appointment of a seasoned IRS official to lead the digital assets unit amid staff turnover highlights ongoing challenges in cryptocurrency tax enforcement and potential impacts...
Read Full Article →Trish Turner takes over IRS crypto unit as two former leaders depart: Bloomberg Tax
The appointment of a new head to the IRS division managing cryptocurrency taxation and compliance may influence regulatory strategies and impact financial reporting requirements fo...
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