Colorado made headlines in 2022 by becoming one of the first U.S. states to embrace the future of finance and allow crypto tax payments. It sounded like a revolutionary step, paving the way for wider crypto adoption and demonstrating the state’s progressive stance. But fast forward two years, and the reality is… well, let’s just […]
Exciting news for the crypto world! Hold onto your digital hats because a potential groundbreaking shift in U.S. crypto regulation is on the horizon. Sources close to Crypto In America’s Eleanor Terrett are reporting that former President Donald Trump is anticipated to imminently sign a joint congressional resolution. This resolution is no ordinary piece of […]
Exciting news for the Decentralized Finance (DeFi) space! A pivotal moment is on the horizon as the final vote on the resolution to nullify the U.S. Internal Revenue Service’s (IRS) controversial DeFi broker rule is likely to happen as early as March 27. Are we about to witness a significant victory for crypto advocates? Let’s […]
Is your crypto portfolio about to face a new tax hurdle? A prominent UK investment bank, Cavendish, is making waves with a radical suggestion that could reshape the investment landscape in Britain. They’re proposing a cryptocurrency tax to nudge investors towards local stocks. Let’s dive into this intriguing proposition and explore what it could mean […]
Hold onto your hats, crypto enthusiasts! This week could bring a seismic shift in the regulatory landscape for Decentralized Finance (DeFi) in the United States. The U.S. Senate is gearing up for a crucial vote that could potentially repeal a controversial Internal Revenue Service (IRS) rule. This rule, which sent ripples of concern through the […]
Exciting news for crypto enthusiasts and businesses in Ohio! Imagine paying for your morning coffee or even larger transactions with Bitcoin, without the burden of state taxes. This vision might soon become reality as Ohio lawmakers introduce a groundbreaking bill aimed at removing state taxes on Bitcoin payments. Let’s dive into what this could mean […]
Heads up, crypto enthusiasts! A major showdown is brewing in the U.S. as the Blockchain Association, a powerful force representing leading crypto companies, is taking a stand against the IRS. They’re not just voicing concerns; they’re actively urging Congress to strike down a controversial IRS rule targeting DeFi brokers. What’s all the fuss about? Let’s […]
Hold onto your hats, crypto enthusiasts! The Nigerian government has dropped a bombshell on Binance, one of the world’s leading cryptocurrency exchanges. Imagine a penalty so massive it could make even the most seasoned crypto investor sweat. We’re talking a jaw-dropping $81 billion. Yes, you read that right. This isn’t just a slap on the […]
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