7 hours ago | 2 mins read Market News The US inflation crossed the planned 2% and reached a decade high of 8.9% Crypto and digital assets need regulation similar to banking and capital market ones. O...
Tag: Reporting
Coin Center Sues United States Federal Government against Enforcement of Digital Assets’ Reporting Mandate
Coin Center filed the complaints against the digital assets reporting mandate, as expanded by the 2021 Infrastructure Investment and Jobs Act. Coin Center among other interested parties has filed a ca...
Coin Center Sues IRS For Unconstitutional Tax Reporting Rules
Coin Center, a Washington DC-based Not-for-Profit organization with a focus on crypto policies, has filed a lawsuit against the United States Treasury and the Internal Revenue Service (IRS) for a tax ...
Coin Center Sues US Treasury Over ‘Unconstitional’ Tax Reporting Rule
The requirement, which will take effect in 2024, requires U.S. taxpayers who receive over $10,000 in cryptocurrency to report the social security numbers and other personal information of the sender. ...
Cryptocurrencies Businesses Have Created Chainabuse, A Community-Driven Scam Reporting Platform.
There are 624 reports on the platform as of this writing, including over 100 scams involving Ukraine’s crypto fundraising activities. Chainabuse clarified that it does not file reports with legal auth...
Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ – Featured Bitcoin News
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraud...
Where to buy Target (TGT) stock: it’s down 24% after reporting a 52% drop on Q1 profit
The Target (TGT) stock has tumbled by 24% today as it continues to drop after the company reported a 52% drop in its Q1 net profit on Monday. The dropped sharply immediately after the reports were ann...
Bitcoin crypto embraced by institutions; reporting lags behind
Bitcoin and other cryptocurrencies have begun the discussion to accept it quickly Around the idea of blockchain and crypto for organizations the most recent quarters The number of associations embrac...
Crypto Brings Transparency, But Crypto Reporting Needs To Catch Up
Getty getty Bitcoin BTC and other cryptocurrencies might have started the conversation around the concept of blockchain and crypto for enterprises, but during the last several years the number of orga...
Rail regulators issue reporting requirements, seeking to improve rail backlogs
The Surface Transport Board said late Friday that it will require certain railroads to submit “service recovery plans” and additional data and regular progress reports on rail service, ope...
Kazakhstan imposes strict energy consumption reporting requirements on crypto miners
Kazakhstan has imposed new reporting requirements that seek to determine the energy consumption rate by crypto miners. The order requires every crypto-miner in the country to provide detailed informat...
Kazakhstan ramps up power consumption reporting requirements for crypto miners
The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The orde...
At The Kyiv Independent, Reporting On Russia’s Invasion Of Ukraine Hits Close To Home
Investigative journalist Anna Myroniuk, political editor Oleksiy Sorokin and deputy editor Toma Istomina (pictured left to right) are three of the cofounders of The Kyiv Independent, an English-langua...
Scam reporting tool created by CCC and Cybera promises a 2022 without virtual theft
TL;DR Breakdown • Organization with a vision toward crypto performance creates a tool to report thefts• The scam reporting tool will be free and is available on the Cybera website. Recently the organi...
Taxpayers get a surprise as the IRS pushes for reporting on crypto assets
The 2022 tax season is coming to an end without many challenges. For the first time in three years, the Internal Revenue Service (IRS) will be able to meet the scheduled deadline, April 18. The agency...
Core Scientific Launches Public Reporting of Bitcoins Mined
Core Scientific, the world’s largest public bitcoin mining company, now host a live mini production dashboard on their website to indicate how many bitcoins they’ve mined. This is in a bid to improve ...
Meet CNN’s Bill Weir, The Anthony Bourdain Of Climate Reporting
CNN’s Bill Weir, the host of “The Wonder List,” on location in Hawaii. Evelio Contreras/CNN “My name is Bill Weir, and I’m a storyteller.” That’s how CNN’s chief climate corresponden...
Crypto wallet firm Ledger integrates tax solution to simplify reporting
Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution. Ledger has partnered with cryptocurr...
Jimmy Kimmel Mocks Marjorie Taylor Greene For Reporting His Joke To The Police
Rep. Marjorie Taylor Green. Photographer: Stefani Reynolds/Bloomberg © 2021 Bloomberg Finance LP Jimmy Kimmel and Rep. Marjorie Taylor Greene are currently in the midst of a feud, after Kimmel poked f...
Stronghold Digital Mining welcomes SEC Environmental Reporting proposal, isn’t it surprising?
Crypto mining company is to agree to what the US SEC proposed regarding the environmental reporting asked from mining firms Several criticisms that the crypto industry faces include a major one that i...
Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution – Coinotizia
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will ...
Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution – Bitcoin News
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will ...
New legislation calls for US State Department reporting on crypto in Russia and Ukraine
New legislation aims to push the US Department of State to do more reporting on crypto — including on its own anti-ransomware whistleblower program. On March 31, Congressmen Gregory Meeks (D-NY) and...
U.S. Credit Reporting Firms Aim to Magically Make Us Taller
The bureaucrats at the Bureau of Weights and Measures are so stingy. Their unwillingness to shrink the foot means none of us can grow. If they would just cut the foot in half, we could all be 12 feet ...
Treasury wants more reporting to the IRS on offshore crypto accounts
advertisement The US Treasury is working to get the IRS more information on offshore cryptocurrency holdings. On March 28, the US Treasury released its “Green Book,” its annual breakdown o...
U.S. Treasury wants to include crypto in foreign accounts reporting rules
A new proposal published by the U.S. Treasury suggests that cryptocurrencies such as Bitcoin and Ethereum should be added to the Internal Revenue Service’s (IRS) rules for reporting taxpayers’ offshor...
Biden’s 2023 budget proposal seeks to apply accounting and tax reporting rules to crypto
The Biden administration is submitting a budget proposal for the 2023 financial year. The budget proposal comes as the US Treasury Department releases its revenue explanations. It is estimated that th...
OECD Proposes Crypto-Assets Reporting Framework
The Organization for Economic Cooperation and Development (OECD) has proposed a framework for the reporting of cryptocurrency assets in an effort to streamline global tax compliance. The Crypto-Assets...
OECD Calls for Public Comments on Impacts of Crypto Tax Reporting
The Organisation for Economic Cooperation and Development (OECD) has called for additional requirements to the current model for which cryptocurrency-focused transactions are reported to the appropria...