The Internal Revenue Service and the Treasury are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.

The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.

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.

NFT guide; levels of the IRA; new blog in town; and other highlights from our favorite tax bloggers.

Michael Burry, the investor who foresaw the housing market crash in 2008, is skeptical about today's proof-of-reserve audits.

The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.

Gary Harmon was charged after 713 digital tokens, then worth almost $5 million, disappeared from a hardware wallet in an IRS evidence locker as authorities watched helplessly.

Mazars Group has halted all work for crypto clients, dealing a blow to an industry seeking to shore up confidence in the wake of FTX's collapse.

A bipartisan group of senators introduced a bill that would greatly expand regulation and oversight of cryptocurrencies in order to crack down on their use in money laundering.

A proof of reserves report, based on a snapshot review by Mazars, showed the exchange having sufficient crypto assets to balance its total platform liabilities, but acknowledged limitations.

Andreas Barckow explained in a recent speech why the board does not have a cryptocurrency standard project at the moment.

Changing the dates; forms and functions; under development; and other highlights from our favorite tax bloggers.

Traders move to take custody of their tokens despite a proof of reserves audit amid revelations that rival FTX may have misused customer funds.

The arrest followed weeks of speculation about the possible misuse of client funds.

Unlike stocks, digital currencies aren't hit by the wash-sale rule — a major opportunity to turn lemons into lemonade.

The European Union proposed new rules to combat tax fraud and evasion in the crypto sector by requiring all digital asset service providers to report transactions involving customers residing in the bloc.

The Institute of Internal Auditors sent a letter to lawmakers urging them to set new requirements for crypto exchanges in the U.S.

In the wake of the meltdown of FTX, the digital-asset exchange wants to reassure investors and stakeholders.

The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.

Prager Metis CPAs LLC, an auditor for FTX, was sued by an investor, who also sued Armanino LLP, an auditor for FTX US, FTX's co-founder Sam Bankman-Fried and others.