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US Treasury finalizes crypto rules to prevent tax evasion

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they’re paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users’ transactions to the […]

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Court allows most SEC claims to proceed in Binance suit

Judge Amy Berman Jackson however dismissed the SEC’s claim that BNB is traded illegally on secondary markets, citing the Ripple decision. Source: https://cointelegraph.com/rss Court allows most SEC claims to proceed in Binance suit

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Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled. Source: https://cointelegraph.com/rss Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

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Amazon reportedly investigating Perplexity AI after accusations it scrapes websites without consent

Amazon Web Services has started an investigation to determine whether Perplexity AI is breaking its rules, according to Wired. To, be precise, the company's cloud division is reportedly looking into allegations that the service is using a crawler, which is hosted on its servers, that ignores the Robots Exclusion Protocol. This protocol is a web […]

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IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. Source: https://cointelegraph.com/rss IRS reveals final regulations for crypto broker rules