IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini. According to reports, custodial account transaction information involving crypto assets will be synchronized to the IRS through Form 1099-DA and

such as Coinbase or Gemini. The companies that will be on the hook to provide the reporting are “brokers who take possession of the digital assets being sold by their customers. These brokers include operators of custodial digital asset trading platforms ...

IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' tax filings.

The European Union's European Securities and Markets Authority wants nations in the EU to make sure that exchanges are complying with its stablecoin rules.

Crypto tax changes for 2025: centralized exchanges like Coinbase and Gemini will report your transactions to the IRS using the new 1099-DA form.

Starting in 2025, the IRS will require centralized crypto platforms to report transaction data via the 1099-DA form, impacting tax filings for digital asset investors.

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Ripple CLO Alderoty criticized SEC lawyers for "old games," citing a judge's warning against treating crypto assets as securities themselves.

Trump became the first presidential winner to accept campaign contributions in cryptocurrencies. Among them, high-profile figures like Cameron and Tyler Winklevoss, co-founders of the Gemini crypto exchange, contributed $1.6 million in Bitcoin to his campaign, while Kraken co-founder Jesse Powell donated $845,000 in Ether.

We’re currently watching China give America what it kinda deserves a little, as the last week of January 2025 turned into a financial bloodbath, with cryptos

Crypto.com will face a burgeoning US institutional crypto market. The United States dominates crypto adoption and value in North America, a region that remains the largest cryptocurrency market globally, according to an October 2024 report by Chainalysis.

Eric Trump proposed a 0% tax rate for US-based cryptocurrency projects to boost blockchain innovation, while foreign crypto companies face higher taxes. Critics warn of potential market imbalances and government revenue loss.