Internal Revenue Service
U.S. Clears Way for Crypto ETPs to Get Into Yield Without Triggering Tax Problems
The Internal Revenue Service issued new guidance that Treasury Secretary Scott Bessent said offers a "clear path" to stake digital assets for trusts.
U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS
A top Coinbase tax executive suggested the IRS isn't ready for the flood of tax reporting about to come in, even as many crypto rules still need to be written.
State of Crypto: Unsettled U.S. Crypto Tax Scene
As Congress still struggles to work out a crypto tax approach in the U.S., the experts handling digital assets at the IRS are heading for the exits.
Head of IRS Crypto Work Exits as U.S. Tax Changes Loom For Digital Assets
Trish Turner, the U.S. Internal Revenue Service veteran running its digital assets effort, is the latest senior official leaving for the private sector.
Coinbase Leaps Into Supreme Court Case in Defense of User Data Going to IRS
The U.S. crypto exchange filed a brief in a longstanding privacy battle over records the tax agency sought on customers' crypto transactions.
President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.
Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
With a split among Democrats, the Senate resolution to erase the IRS' DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source
Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.
