The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Richard Rubin / @richardrubindc : One could be cynical/clever and note the incentive for Congress to purport to raise revenue by enacti...
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Emily Wilkins / @emrwilkins : US Treasury and IRS out with a new proposed rule today on taxing crypto and digital assets. Would require...
Washington, DC think tank Coin Center says blockchain technology may be fundamentally incompatible with GDPR and that Europe should exempt Bitcoin from it
Since people can store personal data in blockchains, the technology could fall under the purview of the upcoming European change to privacy law.