On June 23, the US State Department issued a global security alert on Sunday, advising US citizens around the world to "be vigilant". "The conflict between Israel and Iran has led to travel disruptions and periodic airspace closures in the Middle East," the State Department said after the US attack on Iran's nuclear facilities. "In addition, demonstrations overseas against US citizens and interests are also possible."
According to CCTV news, local time reporters learned on the 13th that two US State Department officials said that before Israel launched an attack on Iran's nuclear facilities, the US State Department had established a task force on the 12th to track developments and coordinate all the work required for the US withdrawal from the Middle East. According to people familiar with the matter, US President Trump and Israeli Prime Minister Benjamin Netanyahu had several phone calls on the 12th, includi...
Trump said that Harvard University has been beaten to the ground and should limit the enrollment of foreign students to 15%, on the grounds that foreign students make it impossible for Americans to attend; in addition, the US State Department said it will begin revoking visas for Chinese students. Click to view...
According to market sources, the Internal Revenue Service (IRS) has reached an agreement with Musk's assistant to block his access to personal tax returns and restrict his access to relevant data.
On January 16, according to CNN, the US Internal Revenue Service (IRS) announced the implementation of a third-party reporting system for cryptocurrency transactions starting from 2025. For the first time, centralized trading platforms such as Coinbase and Gemini will be required to report users' cryptocurrency transaction information to the tax department through the newly established 1099-DA form. According to the regulations, institutions such as custodial trading platforms, digital asset wal...
The US Internal Revenue Service (IRS) has postponed the implementation date of cryptocurrency tax reporting rules to December 31, 2025. Yesterday, it was reported that the IRS issued a temporary cryptocurrency tax relief measure, allowing CeFi exchange users to bypass tax regulations in 2025.
The Internal Revenue Service (IRS) has issued a temporary relief that is expected to benefit CeFi exchange users in 2025. The relief addresses concerns raised by the final Section 6045 Custody Broker Regulation, which will take effect on January 1, 2025, requiring first-in, first-out (FIFO) accounting for digital assets unless a preferred method such as Highest-In, First-Out (HIFO) or Spec ID is selected.
The US Internal Revenue Service (IRS) recently issued new regulations that require crypto platforms (including decentralized exchanges) to report digital asset transaction information, and stipulate that from 2027, platforms must disclose taxpayer information related to digital asset transactions and their sales revenue. In response, the Blockchain Association and the Texas Blockchain Association jointly sued the IRS, arguing that the rule violates the US Administrative Procedure Act and may hav...
According to market news, the US Treasury and the Internal Revenue Service have finalized tax reporting requirements for specific cryptocurrency brokers (RIN 1545-BR39, TD 10021). The Biden administration's progress in developing this regulatory regime has been delayed due to the cryptocurrency industry's resistance to tracking transactions.
The Internal Revenue Service (IRS) has argued in a lawsuit that staking cryptocurrencies should create a tax liability immediately upon completion. The IRS has dismissed a lawsuit filed by cryptocurrency investor Joshua Jarrett in the U.S. District Court for the Middle District of Tennessee. The lawsuit concerns the tax treatment of staking, a process by which new tokens are generated by verifying monetary transactions using existing tokens and computing power. In its response on Dec. 20, the IR...