Tag: proposal
IRS proposal to track your wallets will put a damper on the crypto industry
The United States Internal Revenue Service (IRS) is considering a proposal that would have sweeping consequences for the cryptocurrency industry. Inve [...]
U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules
A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime.
www.coindesk.com [...]
What the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal
The APA requires a reviewing court to set aside agency action that is “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance w [...]
Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest
While crypto representatives and lawyers cautioned the U.S. Internal Revenue Service (IRS) that its crypto tax proposal is a dangerous and improper ov [...]
IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
The U.S. Internal Revenue Service (IRS) is gathering the final words now from a crypto sector that is arguing the agency's proposal for a digital-asse [...]
Ex-FTX Unit LedgerX in Gray Area Beyond U.S. CFTC Proposal on Customer Funds: Commissioner
Friday's proposal, which details how regulated firms must only put customer assets into an expanded list of the most liquid of investments, doesn't co [...]
Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal
The Australian federal government may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulat [...]
IRS Cryptocurrency Tax Proposal Draws Alarm From Crypto Exchange Coinbase (COIN)
In August, the Treasury Department published its nearly 300-page proposed rule, meant to finally comply with the 2021 Infrastructure Investment and Jo [...]
New Senate Proposal Aims to Head Off Weekend Government Shutdown
Senate Republicans and Democrats reached agreement on Tuesday on a stopgap spending plan that would head off a government shutdown on Sunday while pro [...]
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewa [...]
Debate reignites over years-old Bitcoin Drivechain proposal
A debate has reignited among Bitcoiners over a six-year-old Bitcoin Improvement Proposal (BIP) to add “sidechains” on top of the network, with some wa [...]
Sweeping Tax Proposal From U.S. Treasury Department Met With Boos From Crypto World
"The crypto ecosystem is very different from that of traditional assets, so the rules must be tailored accordingly and not capture ecosystem participa [...]
U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
The Treasury Department published a nearly 300-page proposed rule on Friday in response to the 2021 Infrastructure Investment and Jobs Act saying cent [...]
C.F.T.C. Weighs Proposal to Allow U.S. Betting on Control of Congress
Handicapping control of Congress is always a risky proposition, with multiple forces at work and much at stake in terms of policy and power. Now tens [...]
Tennessee Governor’s Gun Law Proposal Is Spurned by GOP Allies
When Gov. Bill Lee of Tennessee began a push in April to address public safety, his family was grieving the loss of two close friends, both educators [...]