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The tax authority is drafting final regulations that would require crypto brokers, including exchanges, to report detailed information on their clients' transactions.
By Allyson VersprilleFebruary 28 -
The Internal Revenue Service crime unit that played a leading role in the Binance Holdings Ltd. probe is seeing a surge in cases involving crypto-related tax evasion.
By Allyson VersprilleDecember 5 -
The IRS's Western Cyber Crimes Unit played a major role in the case, which was recently settled for over $4 billion.
By Allyson Versprille, Muyao Shen and Ben BartensteinDecember 1 -
In court, a forensic accountant tried to explain what happened to the customer funds that were missing before the crypto exchange filed for bankruptcy.
By Yueqi Yang and Allyson VersprilleOctober 19 -
A group of lawmakers is pushing tax officials to move up the start date for crypto brokerages and exchanges to report on clients' transactions.
By Allyson VersprilleOctober 11 -
The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.
By Allyson Versprille and Erin SloweyAugust 25 -
The legislation would make clear when and how crypto firms should register with the SEC or the CFTC, which would gain new powers to directly oversee some trading.
By Allyson VersprilleJuly 21 -
A bipartisan duo, Sens. Cynthia Lummis and Kirsten Gillibrand, unveiled their latest effort to regulate the cryptocurrency industry.
By Allyson VersprilleJuly 12 -
Crypto miners and staking-service providers may learn in the days if they have to report information on their clients' transactions.
By David Pan and Allyson VersprilleFebruary 28 -
"Proof of reserves is neither a full accounting of the assets and liability of a company, nor does it satisfy segregation of customer funds under the securities laws," said SEC chair Gary Gensler.
By Allyson VersprilleDecember 23