Browsing: US

us-government-plans-to-sell-41,490-btc-connected-to-silk-road

The US government sold 9,861 bitcoin on 14 March, netting over $215 million. 41,490 BTC remain from over 51,000 seized in November and will be sold in four batches this year. Court documents show that bitcoin is connected to the darknet market Silk Road. The US government, which says it recently sold 9,861 bitcoin (BTC)

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