IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’

IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’

The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers,...

Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law

Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law

Russian President Vladimir Putin signed a law allowing firms in the country to use digital financial assets including the digital ruble in internation...

CFTC advisory committee votes to advance pioneering digital assets taxonomy for agency review

CFTC advisory committee votes to advance pioneering digital assets taxonomy for agency review

A committee tasked with advising the CFTC voted to advance a digital assets taxonomy that they say is a first in providing regulatory clarity.

Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors

Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors

Sberbank, Russia’s biggest bank, announced the launch of a digital financial asset and NFT trading platform. On February 2, Sberbank explained that it...

SEC issues caution on digital assets amid Bitcoin ETF talks

SEC issues caution on digital assets amid Bitcoin ETF talks

In a recent development, the U.S. Securities and Exchange Commission (SEC) has issued a cautionary statement regarding the surge in interest towards d...

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