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The FBI Is Looking for QuadrigaCX Victims

The FBI published a questionnaire for potential victims of QuadrigaCX on Monday.

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Markets

IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014

The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.

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US Income Tax Payers Can Now Get Refunds in Bitcoin

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo.

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21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

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IRS Advisors Call for More Tax Guidance on Crypto Transactions

An advisory group to the U.S. tax agency has called for clearer guidance around how cryptocurrency transactions are taxed.

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US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.

The IRS has released a draft version of the 2021 1040 form.

Markets

International Task Force Notes Use of Cryptocurrencies in Financial Crime

Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.

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Markets

Prosecutors: Options Seller Duped Investors With 'Worthless' Crypto

A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.

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Crypto Hedge Funds Face Tough Choices on Tax Day

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

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Markets

Why the IRS Should Treat Crypto as a New Asset Class

Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.

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