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IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions

IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions

The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025.

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

The IRS plans to update the 1040 income tax form for 2020 to make it more difficult for taxpayers to avoid declaring their crypto assets.

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression

Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's

Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's

Korea’s internet giant Kakao is bringing crypto and blockchain adoption to the Asian markets. A huge consortium of financial giants and big brands has joined together to form a Governance Council relating to all matters blockchain.

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Blockchain.News interviewed Da Hongfei, the founder of the Neo blockchain, to understand more about the development of blockchain in China.

Ripple’s XRP Is Not a Security in Its Current Form, says Cardano Founder Charles Hoskinson

Ripple’s XRP Is Not a Security in Its Current Form, says Cardano Founder Charles Hoskinson

Cardano creator Charles Hoskinson mulls over XRP and says that it is decentralized enough today for it to not be classified as a security.

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Expiring Bitcoin options may be a springboard for a new price discovery.

ETH 2.0 Gold-Backed Stablecoin

ETH 2.0 Gold-Backed Stablecoin

Ethereum Gold backed tokens. Will this be the return of the gold standard? In crypto form.

New Zealand Permits Cryptocurrency Remunerations

New Zealand Permits Cryptocurrency Remunerations

New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

Fighting for Monetary and Financial Freedom

Fighting for Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

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