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U.S. Treasury Department Officially Revokes Controversial Crypto Broker Reporting Rule After Republican Lawmakers Vote It Down

U.S. Treasury Department Officially Revokes Controversial Crypto Broker Reporting Rule After Republican Lawmakers Vote It Down

The Department of the Treasury is formally taking down a new rule that expanded the definition of a broker under the U.S. Tax Code. The rule titled...
US Treasury Officially Scraps Crypto Broker Reporting Rules After Congressional Vote

US Treasury Officially Scraps Crypto Broker Reporting Rules After Congressional Vote

The US Treasury Department officially scrapped crypto broker reporting rules on Thursday, following a Congressional vote to revoke them under the C...
US Treasury Removes Crypto Broker Reporting Rules- Bloomberg

US Treasury Removes Crypto Broker Reporting Rules- Bloomberg

The US Treasury is officially removing crypto broker reporting rules, according to a Bloomberg report. The regulation (TD…
7,605 Bank Customers Receive Urgent Data Breach Alerts After ‘Administrative Error’ Exposes Social Security Numbers, Names and Account Details

7,605 Bank Customers Receive Urgent Data Breach Alerts After ‘Administrative Error’ Exposes Social Security Numbers, Names and Account Details

A US bank is warning thousands of customers that their sensitive information may be at risk following an “administrative error.” In a new filing wi...
Malta Slaps OKX Crypto Exchange With $1,155,000 Fine Over Anti-Money-Laundering Violations

Malta Slaps OKX Crypto Exchange With $1,155,000 Fine Over Anti-Money-Laundering Violations

The crypto exchange OKX is dealing with more regulatory issues. Malta’s Financial Intelligence Analysis Unit (FIAU) slapped the exchange with a €1....
Grayscale has filed for Avalanche (AVAX) ETF with Nasdaq

Grayscale has filed for Avalanche (AVAX) ETF with Nasdaq

Grayscale is the next issuer to file a 19b-4 form for an Avalanche (AVAX) ETF. The filing enters a 90-day review period with the SEC.
Trump Poised to Repeal IRS DeFi Tax Rule After Senate’s 70-28 Vote

Trump Poised to Repeal IRS DeFi Tax Rule After Senate’s 70-28 Vote

Trump’s IRS DeFi tax repeal has gained quite a bit of momentum after the Senate recently voted 70-28…
Donald Trump Set to End IRS DeFi Tax Rule After Senate Vote

Donald Trump Set to End IRS DeFi Tax Rule After Senate Vote

The U.S. Senate voted to repeal a controversial tax rule targeting decentralized finance (DeFi) platforms with a final vote of 70-28. The rule, int...
US Senate passes CRA to overturn IRS DeFi rule with a final vote 70-28

US Senate passes CRA to overturn IRS DeFi rule with a final vote 70-28

The US Senate voted 70-28 on Wednesday to approve a resolution that cancels the IRS rule targeting DeFi platforms. The bill now goes to President D...
Biden-Era IRS DeFi Broker Rule Repeal Passed by Senate, Heads to President

Biden-Era IRS DeFi Broker Rule Repeal Passed by Senate, Heads to President

The Senate on Wednesday passed a resolution to repeal the Biden-era IRS DeFi reporting rule, sending it to President Trump for final approval. The ...