Even if they dislike digital assets, wealth planners have a fiduciary duty to understand their confusing and murky tax treatment.

Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.

The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.

A recent study has found that 96% had still not filed their taxes as of the end of March, with confusion over how to do so being the primary reason.

A worldwide survey has found that the No. 1 barrier to buying crypto was not understanding enough about it, especially with regard to taxation.

Liquidating crypto brings certain challenges, from complicating the underwriting process to possibly triggering significant (and often unexpected) tax gains.

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

The payroll and HCM solutions provider has added enhancements; Surgent releases an audit-focused course; and other updates from the accounting technology arena.

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

Information security and digital assets are among the priorities named by the commission’s Division of Examinations for 2022.

Ronin, a video game-linked blockchain network, said hackers stole about $600 million worth of cryptocurrencies, one of the largest of such heists in history.

Blockchain-based decentralized autonomous organizations are already here, and they raise a host of tax and accounting issues.

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.

The governor has been embracing the state’s reputation as an emerging hub for crypto investment, with companies including Blockchain.com opening up offices in Miami.

Portugal is fast becoming a hub of its own, with no taxes on digital-currency gains, affordable living costs and mild temperatures.

Ledgible, which provides tax solution software focused on digital assets, released new educational resources aimed at both professional preparers and direct filers.

The commission has accused a brother-sister team of misleading investors in crypto token offerings connected with a multi-level marketing business.

The cryptocurrency tax and reporting company announced new tools to calculate estimated taxes on digital assets for tax planning and extension filing.

The president is directing government agencies to focus more on the fast-growing crypto market, from researching a U.S. digital dollar to combating illicit finance.