CoinShares reported that accelerated hardware deployment, tax expenses, and growing non-cash charges are reducing miners' margins. ...
Search results for: Crypto tax
20 results found
- 0Bitcoin mining costs soar 47% to $137K in Q4 amid rising input costs, tax liabilities
- 0‘Bitcoin Jesus’ Pays Trump Ally Roger Stone $600,000 to Lobby Against Exit Tax - DecryptRoger Ver has hired Trump confidant Roger Stone to lobby against the U.S. “exit tax” tied to his federal tax evasion charges. ...
- 0How to Buy Bitcoin in 2025: A Step-by-Step Guide for First-Time Investors | Fingerlakes1.comNew to crypto? Learn how to buy Bitcoin in 2025 with this beginner’s guide covering exchanges, wallets, common mistakes, and tax tips. ...
- 0Congress nullifies IRS crypto reporting regulations for DeFi platformsPresident Trump signed legislation nullifying IRS reporting requirements for decentralized digital asset brokers. Centralized exchanges, payment processor and certain token issuers remain subject to F ...
- 0DeFi Tax Uncovers Systemic Failures in Crypto Tax Reporting Leaving Millions of U.S. Taxpayers at Risk Ahead of New IRS 1099-DA RegulationsSHERIDAN, Wyo., April 23, 2025 (GLOBE NEWSWIRE) — A multi-year investigation by crypto tax experts revealed pervasive, critical flaws in the current crypto tax reporting ecosystem in a newly publi ...
- 0Congress Overturns IRS Reporting Rules for DeFi PlatformsPresident Trump has signed into law a bill that repeals Internal Revenue Service (IRS) regulations that required decentralized finance (DeFi) platforms to be tr ...
- 0Congress Repeals Digital Asset Regulations Applicable to Decentralized Finance Platforms | JD SupraIn a January 27 client alert, we discussed final regulations issued on December 30, 2024, covering tax reporting requirements applicable to certain... ...
- 0Bitcoin Tax Strategies For A Runaway Fiscal TrainA look at the potential taxation landscape Bitcoin holders could have to deal with in 2025 with looming changes on the horizon. ...
- 0Slovenia Proposes 25% Tax on Crypto Trading Profits: Would Exempt Crypto-to-Crypto Exchanges - CoinCentralSlovenia proposes a 25% tax on crypto profits from 2026, exempting crypto-to-crypto trades but taxing conversions to fiat or purchases. ...
- 0Own crypto, Bitcoin, or NFTs? You may have to report it on your tax return. What to knowFor the last-minute filers, don't forget that the IRS needs you to report digital asset transactions like Bitcoin, crypto and NFTs. Here's what to do. ...
- 0Dillsburg man pleads guilty to falsifying tax returns after making millions of dollars on NFTsHARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Waylon Wilcox, age 45, of Dillsburg, Pennsylvania, appeared in federal court April 9, 2025, be ...
- 0NFT trader faces prison for $13M tax fraud on CryptoPunk profitsA non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s ...
- 0NFT trader faces prison for $13M tax fraud on CryptoPunk profitsA CryptoPunk investor may face up to six years in prison for failing to report $13 million worth of financial gains from trading NFTs. ...
- 0NFT Market Slump: Regulatory Pressure and Its Fallout - OneSafe BlogThe NFT market faces a downturn due to regulatory scrutiny, illustrated by a tax evasion case. Understand the implications for crypto payments and compliance. ...
- 0Man Pleads Guilty to Submitting False Tax Returns Tied to $13M CryptoPunks Sales - DecryptWaylon Wilcox sold millions in CryptoPunks NFTs but told the IRS he hadn’t touched digital assets. Now he’s facing prison time. ...
- 0Pennsylvania Man Admits Hiding Millions in CryptoPunks NFT Income, Faces Tax Fraud ChargesWaylon Wilcox pled guilty to hiding $13M in CryptoPunks NFT profits, underreporting income, and dodging US$3.3M in taxes. ...
- 0CryptoPunk NFT Trader Faces Prison For $3.3M In Tax EvasionA Pennsylvania trader, Waylon Wilcox, pleads guilty to $3.3M NFT tax evasion and faces up to 6 years in prison. ...
- 0NFT CryptoPunk Seller Pleads Guilty For False Tax Returns Submission | Market Regulation | CryptoRank.ioOver the weekend, the crypto market showed a brief bullish return, much to the joy of investors. Bitcoin reclaimed $86K after the past week’s crash. Although ...
- 0Trump signs bill repealing IRS rule targeting DeFi — here’s what it meansUS President Donald Trump signed his first crypto legislation Thursday. The bill repeals an IRS rule issued in the final days of the Biden administration. ...
- 0Man Faces Prison Time For Hiding $13M Of Cyber Punk NFTsCrypto Punks are down over 80% since Waylon Wilcox sold 97 of them across 2021 and 2022, with NFT daily trading volume now less than $5m. ...
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