US Government Delays Tax Reporting Rules for Cryptocurrency Brokers


The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto Brokers Told to Comply With

Amid IRS bounty and competitor progress, Monero developers ship a major update


A new Monero update brings improvements in performance, speed, and security amid increased scrutiny from law enforcement and developments from competitors First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed ‘Oxygen Orion.’ The product of 30 contributors, the update promises significant improvement…

Crypto Taxes Are Due July 15, but Be Careful — You May Need More Time


The Internal Revenue Service has already changed its deadlines to July 15, so if you are not ready to file your crypto taxes in a month, you should ask for an extension. Tax day this year, like everything else, is different. The United States Internal Revenue Service has rescheduled it to July 15, but there’s…

66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns


Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?”…

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