The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a court order to gain access to a bank’s data relating to customers who used a digital currency broker. The court...
February 06, 2024
Blockchain company Ripple has been ordered to share financial statements about cryptocurrency sales with regulators. That ruling came from a New York judge, and requires Ripple to share statements and information about the sale of XRP tokens with the U.S. Securities and Exchange Commission (SEC), Coindesk reported Tuesday (Feb. 6), citing court documents. The SEC requested that information last […]
September 26, 2022
The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a court order to gain access...