Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.
This week, there’s been some big news for U.S. based crypto projects. Eric Trump has allegedly confirmed that U.S.-based ...
As the industry’s clout grows, Congress could wipe out the IRS requirement for Form 1099 for decentralized transactions.
President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions ...
Salt Lake City, UT, Feb. 07, 2025 (GLOBE NEWSWIRE) -- CPAI, the AI powered crypto tax reconciliation, preparation and filing ...
DeFi — short for decentralized finance ... provide another source of profits for investors, though you’ll owe taxes on crypto profits just as you would traditional sources of income.
However, with the emergence of decentralized finance (DeFi) platforms, overseeing cryptocurrency transactions for tax purposes has become more challenging. As a result, there is an escalating need ...
DappRadar revealed that the daily average number of unique active wallets (UAW) in January reached 26.7 million. While this represented a 6% decline from December, DeFi applications expanded their ...
Cardano (ADA) experiences a drop in DeFi activity and price amid market volatility. Despite challenges, upcoming updates and ...