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New IRS Guidance Spares Strategy From 15% Tax on Unrealized Bitcoin Gains


Interim IRS guidance lifts Strategy’s outlook by removing expected 15% tax exposure on unrealized bitcoin gains, strengthening earnings potential and reinforcing momentum from its massive cryptocurrency holdings. New IRS Guidance Frees Strategy From 15% Burden on Unrealized Bitcoin Gains Tax policy...

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule


The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified...

Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant


The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s...

Crypto Tax Crackdown Looms as IRS Warning Letters Surge


The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a broader enforcement initiative, especially with new 1099-DA regulations set to take effect next year. Looming...

14,000 Crypto Accounts Swept Into IRS Data Grab—Will the Supreme Court Act?


The Supreme Court is being urged to dismantle a controversial IRS tactic that allowed warrantless data grabs from 14,000 crypto users, redefining privacy rights for the digital age. Mass IRS Record Seizure Hits 14,000 Crypto Users—Can the Supreme Court Push Back? A constitutional showdown over...

Coinbase Fights IRS at Supreme Court Over 500K User Data Demand


Coinbase is taking its fight for digital privacy to the highest court, urging the Supreme Court to dismantle mass surveillance powers threatening the future of crypto freedom. Coinbase Asks Supreme Court to Strike Down Digital Dragnet in Crypto Crackdown Crypto exchange Coinbase (Nasdaq: COIN)...

Massive Win for Crypto: Trump Crushes IRS Rule Threatening DeFi Survival


Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump...

IRS crypto broker rules, explained: What you need to know in 2025


How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ensures that only those truly “in a position...

Congress Torches IRS Crypto Rules in Major Win for Digital Assets


Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives...

US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation


Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S....

Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution 


Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against...

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