U.S. IRS Finalizes Rules for Reporting Digital Asset Transactions
The regulations require brokers to disclose gross proceeds from cryptocurrency and other digital asset transactions, along with details about the taxpayers involved.
The regulations require brokers to disclose gross proceeds from cryptocurrency and other digital asset transactions, along with details about the taxpayers involved.
The ISA’s decision comes nearly a year after the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs), sparking a surge in global interest in Bitcoin-based investments.
Powered by a leading media network Times of Blockchain, the Global Blockchain Show was co-located with the Global Games Show and the Global AI Show that saw a footfall of over 3,000 attendees.
After the Testnet launch, the developer community was invited to explore the W Chain features and enhance the functioning of the features and security by sharing constructive feedback with the core team at W Chain.
The inclusion in the Nasdaq-100 was widely praised by Bitcoin proponents, with analysts pointing to the potential impact on trading volume and price.