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IRS Updates Instructions To Tax Individual Crypto Investors


The US Internal Revenue Service (IRS) has released a new version of its draft instructions that clarify the definition of virtual currency. The tax agency aims to guide individual taxpayers on how to fill in the 1040 form that asks them whether they bought or sold cryptoassets last year, but...

SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale


The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....

Young Investors Drive Increased Aussie Bitcoin & Crypto Investments


Younger Australian investors are driving the country's increasing crypto ownership, accompanied by rising investments by high-end crypto holders, a recent survey showed. 18.4% of respondents said they own some form of cryptoasset, up from 16.8% in 2019, Independent Reserve (IR), an Australia...

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