Tag: regulations

NY State Embraces Crypto: Pay Taxes & Fees with Bitcoin?

NY State Embraces Crypto: Pay Taxes & Fees with Bitcoin?

Meanwhile, New York is considering a radical overhaul in the way people pay for state stuff. The proposal before the state now. This proposal would enable you to transact in cryptos such as Bitcoin for payment of taxes, fines, and even your child’s tuition to a state university. This last...

Crypto Tax Time Bomb: Why the IRS is Failing Millions

Crypto Tax Time Bomb: Why the IRS is Failing Millions

Are you ready for a financial shock? Because if you've dabbled in crypto, a tax reckoning unlike anything you've seen before is barreling toward you faster than a Bitcoin bull run. And the worst part? The very institutions that you were told would protect you, such as the IRS and...

Crypto Tax System Riddled with Flaws, Exposing Investors to IRS Risks

Crypto Tax System Riddled with Flaws, Exposing Investors to IRS Risks

Tax policy analysts and crypto tax experts recently completed a new investigation. Their findings outline deeply pervasive and alarming failures in the existing crypto tax reporting system. Our multi-year investigation uncovers grievous harm to traders, investors, and miners. The IRS is expected to begin aggressively enforcing new 1099-DA rules and...

Crypto Banking Charters: 3 Secrets Big Banks Don't Want You To Know

Crypto Banking Charters: 3 Secrets Big Banks Don't Want You To Know

Have you ever had the impression that you’ve been observing a three-dimensional chess match on steroids. That's crypto banking charters in a nutshell. While big banks are already taking action, crypto companies are positioning themselves for new opportunities, and your financial future is at stake. What are they really up...