For example, the virtual currency Ripple, among others, is seeking to eliminate fees and other transaction costs associated with moving funds across types of value, i.e. currency types, etc., as well ...

Virtual currencies, such as cryptocurrencies and virtual assets, are increasingly used in human and drug trafficking, but the Government Accountability Office (GAO) says agencies face challenges ...

Despite the confusing interpretations by US regulators, non-compliance with crypto tax rules can cost taxpayers dearly. Unfortunately, the answer to “how is virtual currency taxed” depends on who you ...

On June 26, the Conference of State Bank Supervisors (CSBS) released new guidance regarding the treatment of virtual currency in the calculation of a licensee’s tangible net worth under the Money ...

The AICPA submitted comments and recommendations to the IRS Monday regarding further guidance on the tax treatment of cryptoassets and the question about them that individual income tax returns now ...

ALBANY, N.Y. (NEWS10) — As the tax filing deadline nears, New York Attorney General Letitia James cautions crypto investors that failure to accurately declare and pay taxes on their virtual ...

The American Institute of CPAs proposed a set of revisions Monday to its Statements on Standards for Tax Services and separately sent the Internal Revenue Service its recommendations for revising the ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. The use of virtual currencies, such as cryptocurrency, in drug and ...

Among tech companies that went public on the U.S. stock market this year, those related to artificial intelligence (AI) and virtual currency have shown the highest stock price increases. With the IPO ...

FILE - Aria DiMezzo, a Republican candidate for sheriff in Cheshire County, New Hampshire, poses at the Cheshire County Hall, which houses the sheriff's office on Oct. 6, 2020, in Keene, N.H. DiMezzo, ...

CONCORD, N.H. (AP) — The founder of a satanic church who lost a run for sheriff in 2020 as a Republican was sentenced in U.S. District Court to 18 months in prison Tuesday for operating an unlicensed ...