Page 42 - Fin Tech News Today

The advent of the digital era has not only popularized online transactions but has also led to the development of virtual currencies to expedite business transactions.

Throughout this article, we look at the key considerations taxpayers should keep in mind if they wish to claim deductions for cryptocurrency losses.

On January 10, FINRA published its 2023 Report on FINRA's Examination and Risk Monitoring Program.

As amended by the Act, Sections 6045 and 6045A impose mandatory tax reporting requirements for brokers of certain digital asset transactions entered into after December 31, 2022.

Some investors who experienced rapid declines in the value of their cryptocurrencies during 2022 may be attempting to claim 2022 tax losses.

After a turbulent year, the market for non-fungible tokens and digital assets in 2023 is expected to see a period of stabilisation as regulation increases and enthusiasm cools, putting an end...

Blockchain Comparative Guide for the jurisdiction of British Virgin Islands, check out our comparative guides section to compare across multiple countries

Blockchain Comparative Guide for the jurisdiction of Bermuda, check out our comparative guides section to compare across multiple countries

Janus, the two-headed Roman deity for whom the month January is named, could see the past and the future but not the present. The US Internal Revenue Service ("IRS") must have been inspired...

Following the demise of the cryptocurrency exchange platform FTX, many taxpayers are studying how they can harvest tax losses associated with their devalued crypto assets.