Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.
Related Posts


OpenAI says latest o1 model on ‘new level’ can ‘think before it answers’
OpenAI claims its newest model, OpenAI o1, is so advanced it was “resetting the counter back to one” for naming its AIs.

Watch these Bitcoin price levels next as $52K supertrend risks failure
Bitcoin is challenging multimonth lows and now risks violating support, which has sustained the entire BTC price bull run.

Medalla Testnet Problems ‘Will Not Delay ETH 2.0’ Says Prysmatic Labs
Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track.Medalla —…

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve
A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy. Trump signed an executive order on March 7 to use Bitcoin (BTC) seized in government criminal cases to establish a

US regional bank shares sink despite Fed calling banking system ‘sound’
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options. 520 Total views 9 Total shares Own this piece of history Collect this article as an NFTShare prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome…

BlockFi partners with Neuberger Berman to launch crypto ETFs
"We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios," said Greg Collett, president of the joint venture. 492 Total views 26 Total shares Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for…

EMusic Launches Token to Help Artists Earn More
Digital music store eMusic launched its eMU token to help musicians earn more royalties. 1642 Total views 51 Total shares Pioneering digital music store eMusic has launched its eMU token to help musicians earn more royalties.According to an announcement published by eMusic on May 26, the firm launched its token with the aim of creating…

9 of the weirdest crypto projects, from Dentacoin to Cthulu
Crypto is full of odd people who have put some of their eccentricity into the crypto projects they develop.