The U.S. Treasury Releases Draft Regulations for Reporting Digital Asset Transactions The U.S. Department of the Treasury and the IRS have issued draft regulations that aim…
The U.S. Treasury Proposes New Regulations for Digital Asset Reporting The U.S. Department of the Treasury has introduced draft regulations aimed at tightening reporting requirements for…
Challenging U.S. Dollar Dominance – Hong Kong urged to consider launching a stablecoin backed by the Hong Kong dollar – Stablecoin could potentially challenge the U.S.…
The U.S. Treasury Department’s Proposed Crypto Tax Reporting Rules The U.S. Treasury Department recently announced its proposal of new crypto tax reporting rules in an effort…
Biden Administration’s Proposal for Crypto Tax Regulations Criticized by House Financial Services Committee Chairman Chairman of the House Financial Services Committee, Patrick McHenry, has accused the…
Crypto Industry Criticizes U.S. Proposal for Taxing Crypto Gains The U.S. Treasury Department’s new proposal for taxing crypto gains has received immediate criticism from the crypto…
Summary: In his keynote speech at the Jackson Hole Symposium, U.S. Federal Reserve Chairman Jerome Powell stated that a restrictive monetary policy will continue until inflation…
Proposed Rules for Reporting Crypto Sales to Close Tax Gap The U.S. Treasury Department has released proposed rules that would require brokers and exchanges to report…
The U.S. Government’s Interest in Tornado Cash The Treasury and Defense Departments are working to stop North Korean hackers, but their efforts have yielded little results.…
