The Biden administration has been seeking changes to tax-reporting requirements for cryptocurrency since its early days. This is part of a package of changes to tax-reporting requirements the Biden administration is seeking as a means of cracking down on supposed misreporting of business income and general tax non-compliance. A New Reporting Regime Generally, the Biden … [Read more...] about Upcoming Changes to Tax-Reporting Requirements for Cryptocurrency Transactions
Crypto-Currency Regulation-Where Have We Been, Where Are We Going?
As New York Times columnist Paul Krugman noted in a recent column, blockchain is now a bit long-in-the-tooth as far as internet technologies go. Bitcoin was launched in 2009, and over the past decade-plus, countless alt-coins have hit the market. However, as tokens have become more mainstream, as well as an increased tool for ne’er-do-wells, cries to regulate the crypto space … [Read more...] about Crypto-Currency Regulation-Where Have We Been, Where Are We Going?