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
![Wyoming-stablecoin-may-launch-q1-2025-—governor-mark-gordon](https://www.lastcryptocurrency.com/wp-content/uploads/2024/08/230665-wyoming-stablecoin-may-launch-q1-2025-governor-mark-gordon.jpg)
![Bitcoin-price-climbing-back-to-$9k-—-here’s-the-key-level-to-break](https://www.lastcryptocurrency.com/wp-content/uploads/2020/03/50627/bitcoin-price-climbing-back-to-9k-heres-the-key-level-to-break.jpg)
Bitcoin Price Climbing Back to $9K — Here’s the Key Level to Break
Since making a strong attempt at reclaiming the $9K mark at the start of the month, Bitcoin (BTC) price has pulled back slightly but now trades in a tightening range between $8,662 and $8,946. The digital asset is attempting to retake $9K but continuously receives pushback at $8,969. The total crypto market cap chart shows that…
![Altcoins-just-repeated-a-move-that-could-launch-them-27,000%-higher-in-2021](https://www.lastcryptocurrency.com/wp-content/uploads/2021/05/97969-altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021.jpg)
Altcoins just repeated a move that could launch them 27,000% higher in 2021
The altcoin market cap has flipped its previous cycle high to support — and the last time that happened, it gained 27,623% in a year. 6549 Total views 22 Total shares Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot.According to…
![Binance-labs-invests-in-liquid-staking-platform-apriori](https://www.lastcryptocurrency.com/wp-content/uploads/2024/07/227057-binance-labs-invests-in-liquid-staking-platform-apriori.jpg)
Binance Labs invests in liquid staking platform aPriori
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad.
![Feds-fight-motion-to-dismiss-case-against-one-coin-crypto-scam-lawyer](https://www.lastcryptocurrency.com/wp-content/uploads/2020/03/53712/feds-fight-motion-to-dismiss-case-against-one-coin-crypto-scam-lawyer.jpg)
Feds Fight Motion to Dismiss Case Against One Coin Crypto Scam Lawyer
The United States government has stood by its evidence presented against alleged OneCoin money launderer and former attorney Mark Scott.In a memorandum filed on March 24, the government responded to Scott’s appeal that the prosecution provided insufficient evidence that the funds he handled were derived from illicit activities during November’s proceedings — where a jury…
![Stablecoin-metric-hints-bitcoin-price-will-rise-as-buyers-snap-up-btc](https://www.lastcryptocurrency.com/wp-content/uploads/2020/08/72219/stablecoin-metric-hints-bitcoin-price-will-rise-as-buyers-snap-up-btc.jpg)
Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC
Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400. Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests.Highlighting the latest readings from its stablecoin supply ratio (SSR) metric on Aug. 26, on-chain monitoring resource Glassnode…
![Us-lawmakers-request-crypto-firms-provide-info-on-diversity-and-inclusion](https://www.lastcryptocurrency.com/wp-content/uploads/2022/08/143004-us-lawmakers-request-crypto-firms-provide-info-on-diversity-and-inclusion.jpeg)
US lawmakers request crypto firms provide info on diversity and inclusion
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter. 94 Total views 2 Total shares A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing…
![Waiting-for-alonzo:-cardano-smart-contracts-creep-toward-full-launch](https://www.lastcryptocurrency.com/wp-content/uploads/2021/07/105506-waiting-for-alonzo-cardano-smart-contracts-creep-toward-full-launch.jpg)
Waiting for Alonzo: Cardano smart contracts creep toward full launch
The Cardano network is in the watershed phase of its network development and upgrades. The ongoing phase of the protocol’s roadmap is the Goguen phase, bringing smart contracts to the network. This is the third phase of the roadmap after Byron and Shelley. The Goguen phase was split into three stages, Allegra, Mary and Alonzo.The…
![$12k-bitcoin-price-in-sight-as-retail,-institutional-traders-turn-‘greedy’](https://www.lastcryptocurrency.com/wp-content/uploads/2020/08/70788/12k-bitcoin-price-in-sight-as-retail-institutional-traders-turn-greedy.jpg)
$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’
Bitcoin price is consolidating into a tighter range as traders prepare for a third attempt on the $12K level. After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. This comes after a week of bullish news which included…