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Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

As the industry matures, crypto exchanges must face up to higher responsibilities. Crypto market is becoming to mirror that of traditional markets. Cryptocurrency exchanges, therefore, must reinvent themselves to maintain their relevance.

IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Blockchain.News interviewed Da Hongfei, the founder of the Neo blockchain, to understand more about the development of blockchain in China.

UK Tax Authority Updates Its Guidelines for Crypto Taxation

UK Tax Authority Updates Its Guidelines for Crypto Taxation

HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Expiring Bitcoin options may be a springboard for a new price discovery.

EY Launches Crypto Tax Reporting App to Assist Businesses with US Tax Filings

EY Launches Crypto Tax Reporting App to Assist Businesses with US Tax Filings

Ernst & Young (EY) is launching a crypto Software as a Service (SaaS) to offer step-by-step guidance that assists with US cryptocurrency tax filings.

New Zealand Permits Cryptocurrency Remunerations

New Zealand Permits Cryptocurrency Remunerations

New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.

Coinbase User Sues IRS for Illegal Seizure of Crypto Records

Coinbase User Sues IRS for Illegal Seizure of Crypto Records

James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.

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