Crypto community reacts to Biden's proposed crypto tax reporting rules
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.
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Updated European tax directive requires reporting on all crypto asset transfers
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules.
OPNX quips on its early dismal volume after reporting 90,000% surge
OPNX exchange has quipped about its earlier low trading volume before experiencing a big surge in volume during the last 24 hours.
IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking.
U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is
Congress passed a law in November 2021 that required the new crypto rules to be issued.
US lawmakers introduce bill aimed at reporting on crypto miners' potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts.
Switzerland's financial regulator extends reporting requirements for crypto transactions
FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs.
CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF.
CFTC and SEC propose amending reporting rules for large hedge funds on crypto exposure
The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common.
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization.