Sam Bankman-Fried’s Bid for Jail Release Denied by Appeals Court
The former FTX co-founder has been dealt a series of setbacks as he gears up for his fraud trial, which is scheduled in two weeks.
Digital Currency
Don’t Overlook Tax on Cryptocurrency Staking Rewards
The IRS has issued guidance on crypto staking rewards, but broker reporting on digital asset sales won't start until 2025.
FASB OKs New Crypto Assets Standard
The new rules will require certain cryptocurrency assets, such as Bitcoin and Ethereum, to be measured at fair value.
Treasury, IRS Unveil Long-Delayed Crypto Tax Reporting Rules
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.