Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

IRS Crypto Tax Return Question — Be Careful How You Answer
The Internal Revenue Service classifies crypto as property and now wants to know whether or not you acquired any financial interest from cryptocurrency in the last year
Revolut Will Make Crypto Available in 50 States
Revolut will launch its crypto offering to US customers in all 50 states, taking on Square’s Cash App
Cryptocurrency Adoption: How Can Crypto Change the Travel Industry?
The integration of cryptocurrencies into the travel industry will change it dramatically, and it will also be a huge step toward mass crypto adoption all over the world
Coinbase Wallet Now Allows to Send Crypto Through Usernames
Coinbase updated its wallet with a function that lets its users send cryptocurrency ti usernames, instead of the usual lengthy addresses
When IRS Asks About Cryptocurrency On Your Taxes, Answer Carefully
Did you do any crypto in 2019, yes or no? If you check no, but IRS later finds it, you could face big trouble. You have to answer and file under penalties of perjury, and the IRS is unforgiving. Just look at offshore accounts, where the IRS won big time on just such a question.
How to file your crypto taxes in the US - Decrypt
The IRS isn’t turning a blind eye to crypto anymore. CPAs and software makers tell Decrypt how to avoid both headaches and penalties this tax season.
Threat Alert: New Trojans Targeting Major Crypto Exchanges Apps Discovered
US-based exchange Coinbase is being targeted by a new banking Trojan that steals Google 2FA Codes
Australian Judge Says Crypto Is a Legitimate Investment Vehicle
Australian courts allowed a plaintiff to use a cryptocurrency exchange account as a method of security against legal costs