Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
WASHINGTON - SEPTEMBER 21: Sen. Cynthia Lummis, R-Wyo. (Bill Clark/CQ-Roll Call, Inc via Getty Images) The U.S. digital asset industry has been operating under a tax code that wasn’t built for the ...
On May 20, the United States Senate made significant strides in stablecoin regulation by advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 66 ...
The President’s Working Group on Digital Asset Markets recently issued a detailed report, titled “Strengthening American Leadership in Digital Financial Technology,” recommending regulatory and ...
In 2025, New York enacted laws creating a new legal framework—UCC Article 12—for digital assets like cryptocurrencies and NFTs. It focuses on control rather than possession, clarifies transfer and ...
The government has amended the Income-tax Rules to widen financial account reporting, bringing crypto assets, central bank ...
Stablecoins hit $300B in market cap and $34T in transactions, yet regulators and experts still disagree on what they are and how to govern them.
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