Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The IRS strengthens encrypted tax supervision as the filing deadline approaches
The IRS is intensifying its regulatory oversight of tax compliance for crypto assets as the April 15 filing deadline approaches, with related enforcement actions continuing to strengthen.
Reports indicate that about 61% of U.S. crypto investors are still unaware of the new reporting rules for the 2025 tax year, and approximately 52% of investors are concerned about facing penalties due to reporting errors. The new rules require brokers to report digital asset trading income to the IRS for the first time using Form 1099-DA, but the cost basis still needs to be calculated by the investors themselves.
Industry insiders state that the current regulatory environment has become stricter, and investors need to maintain complete records of transactions and wallet data, and report accurately to avoid potential legal risks.
You may also like
Espanyol vs FC Barcelona: A Derby Fought with Fire and Quality
The Espanyol vs FC Barcelona derby delivered high-intensity football as Barca won 4-1, moving nine points clear at the top of LALIGA. Lamine Yamal's masterclass, Ferran Torres' brace, and a passionate city rivalry on full display. WEEX, Official Regional Partner of LALIGA in Hong Kong and Taiwan celebrates the beautiful game.
DeAgentAI announced the establishment of the AIA Ecological Fund, focusing on the "AI Agent + Physical AI" track
Why is Crypto Up? Altcoins Lead Due to US Grand Deal
Key Takeaways: The “US Grand Deal” has beefed up crypto’s appeal, impacting assets like Ethereum and Solana. Altcoins,…
Polkadot Hyperbridge Breach Mints Over 1 Billion DOT Tokens
Key Takeaways: Over 1 billion fake DOT tokens were minted due to a vulnerability in Hyperbridge’s Ethereum gateway.…
ECB Endorses ESMA for Unified Crypto Oversight in EU
Key Takeaways: The ECB supports ESMA taking over the supervision of crypto-asset service providers across the EU. National…
XRP Price Prediction: $1,000 Is Within Reach
Key Takeaways: The XRP price prediction of $1,000 by 2026 hinges on widespread institutional adoption of Ripple’s infrastructure.…
Crypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, Gains Just $237K
Key Takeaways: A hacker exploited Hyperbridge to mint $1.1 billion in DOT tokens, but cashed out only $237,000…
Researchers Warn of New Crypto Theft Vector: Malicious AI Agent Routers
Key Takeaways: University of California study reveals AI agent routers as a new threat vector for crypto theft.…
New ‘Data Asset’ Laws: Why AI Agents Might Move to the Isle of Man
Key Takeaways: The Isle of Man’s Foundations (Amendment) Bill 2025 legally defines data as an asset, offering a…
Hungary Election Political Shake-Up Could Reopen Crypto Policy and Regulation Debate
Key Takeaways: Hungary’s Orbán era ends, hinting at potential crypto regulatory changes. Péter Magyar’s Tisza Party envisions eased…
Solana Price Prediction: Wize, A Japanese Gaming Company Bought More SOL
Key Takeaways: WIZE, previously Mobcast Holdings, has acquired $3.13 million worth of SOL, now holding over 24,597 SOL.…
Major New Aave Crypto Proposal Passes: Everything Just Changed For Aave Price Prediction in 2026 – Here’s Why
Key Takeaways: Aave’s pivotal governance vote redirects all revenue to the DAO treasury, reshaping its economic model. The…
Trump Crypto Whales Accumulating Before Luncheon Schedule: Mar-A-Lago to Jump Start Memecoins?
Key Takeaways: Trump’s exclusive luncheon on April 25 at Mar-a-Lago relates to $TRUMP token holdings, with seats priced…
XRP Price Prediction: Bottom Signals Flashing
Key Takeaways: XRP trades with slight volatility amid an 8-month downtrend, showing bearish indicators but potential signals of…
Hacker Breaches Polkadot, Produces 1 Billion DOT Tokens
Key Takeaways: 1 billion DOT tokens were fraudulently minted via the Polkadot bridge, an astronomical leap from the…
Ethereum Price Prediction: Golden Triangle Set to Propel ETH Skyward
Key Takeaways: Ethereum poised for a substantial rally, potentially reaching $12,000 by 2027-2028. Current ETH price hovers around…
Bitcoin Price Prediction: Arthur Hayes on AI, Oil Prices, and War Against Crypto
Key Takeaways: Arthur Hayes predicts Bitcoin’s price could reach $500K to $750K by the end of 2026. AI…
White House Crypto Adviser Witt Discusses Clarity Act Progress
Key Takeaways: White House official Patrick Witt is confident in a Senate compromise on stablecoin yields. The Clarity…
Espanyol vs FC Barcelona: A Derby Fought with Fire and Quality
The Espanyol vs FC Barcelona derby delivered high-intensity football as Barca won 4-1, moving nine points clear at the top of LALIGA. Lamine Yamal's masterclass, Ferran Torres' brace, and a passionate city rivalry on full display. WEEX, Official Regional Partner of LALIGA in Hong Kong and Taiwan celebrates the beautiful game.
DeAgentAI announced the establishment of the AIA Ecological Fund, focusing on the "AI Agent + Physical AI" track
Why is Crypto Up? Altcoins Lead Due to US Grand Deal
Key Takeaways: The “US Grand Deal” has beefed up crypto’s appeal, impacting assets like Ethereum and Solana. Altcoins,…
Polkadot Hyperbridge Breach Mints Over 1 Billion DOT Tokens
Key Takeaways: Over 1 billion fake DOT tokens were minted due to a vulnerability in Hyperbridge’s Ethereum gateway.…
ECB Endorses ESMA for Unified Crypto Oversight in EU
Key Takeaways: The ECB supports ESMA taking over the supervision of crypto-asset service providers across the EU. National…
XRP Price Prediction: $1,000 Is Within Reach
Key Takeaways: The XRP price prediction of $1,000 by 2026 hinges on widespread institutional adoption of Ripple’s infrastructure.…
App