Allyson Versprille

The longest government shutdown in U.S. history has ended, but it could take days — and in some cases a week or more — before normal operations and paychecks resume.

The tax authority is drafting final regulations that would require crypto brokers, including exchanges, to report detailed information on their clients' transactions.

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.

The IRS's Western Cyber Crimes Unit played a major role in the case, which was recently settled for over $4 billion.

In court, a forensic accountant tried to explain what happened to the customer funds that were missing before the crypto exchange filed for bankruptcy.

A group of lawmakers is pushing tax officials to move up the start date for crypto brokerages and exchanges to report on clients' transactions.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

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.

A bipartisan duo, Sens. Cynthia Lummis and Kirsten Gillibrand, unveiled their latest effort to regulate the cryptocurrency industry.

Crypto miners and staking-service providers may learn in the days if they have to report information on their clients' transactions.

"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.

The crypto exchange exec landed in the U.S. to face a range of criminal charges just as two of his long-time associates said they were cooperating with prosecutors.

According to the lawsuit, Michael Saylor avoided paying taxes since 2005 by fraudulently claiming to be a resident of lower-tax jurisdictions, including Virginia and Florida.

Legislation introduced by a mix of Republicans and Democrats would exempt the firms from being considered cryptocurrency "brokers."

The Treasury and the IRS are likely to push off a January date for firms to begin tracking data such as customers’ capital gains and losses.

The legislation is one of the most ambitious attempts to regulate the volatile asset class.

The chair said his agency and the top U.S. derivatives regulator should work together to rein in cryptocurrency exchanges.

A growing number of trading platforms are safeguarding digital assets for their users and maintaining the cryptographic keys necessary to access the tokens.

They are the latest target of probes into whether Opportunity Zones are driving investment and job creation in low-income communities.

The bill will cover a range of issues, including banking, taxes, privacy and consumer protection.