IRS rule changes, Bitcoin and Ethereum market moves, Schiff vs. Saylor, and insights from Bitwise's Matt Hougan.

U.S. crypto investors now have just over two weeks to execute any final sales before sweeping IRS reporting rules go live on ...

Investors are clearly feeling optimistic about the incoming Trump administration and its promise of deregulation, particularly in the crypto space. With key regulatory appointees signaling a more ...

The IRS may have just taken some of the fun out of bitcoin. But that may mean that the virtual currency is growing up. The IRS announced last week that it would treat bitcoin, the computer-driven ...

Key takeaways:Bitcoin gifts aren’t immediately taxable. The IRS treats cryptocurrency as property, so recipients generally don’t owe income tax on the gift.Stay within the 2025 exclusion limit. You ...

Rep. Matt Gaetz (R-FL) introduced legislation that requires the Internal Revenue Service to accept Bitcoin as payment for federal income taxes. In a press release, Gaetz’s move was credited to his ...

The IRS doesn’t have a tax compliance strategy to address the increasing use of virtual currencies like bitcoin, an inspector general warned in a report released Tuesday. “It is imperative that the ...

Cryptocurrency holders are cashing in on a surge in bitcoin prices. Don’t think the Internal Revenue Service isn’t paying attention. Some bitcoin owners are making gifts to friends and family or ...

WASHINGTON - Virtual currencies like bitcoin will be taxed like property - not currency, the Internal Revenue Service said Tuesday. The IRS says bitcoin is not legal tender. You can't use it to pay ...

The Internal Revenue Service needs to crack down on virtual currency being used for illegal transactions, a new watchdog audit concludes. People may be using virtual currency—digital forms of payment ...