IRS Mapping Wallet Activity Across Chains—Expert Says It’s Time to Prepare
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A tax expert has warned traders, particularly those operating discreetly, about the upcoming requirement to file Form 1099-DA starting in 2026. The expert also highlights the importance of reporting, even if one disagrees with the 1099-DA, to avoid being flagged for underreporting. IRS to Track Crypto Across Wallets and Chains A cryptocurrency capital gains expert […]

BTC Digital Buys $1 Million Worth of Bitcoin
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Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says it finished setting up its $1 million ether reserve last week and has now completed the set up for its bitcoin reserve, also worth $1 […]

Latam Insights Encore: US Senate’s Weaponization of Bitcoin Ownership Should Raise Concerns
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the U.S. Senate is weaponizing bitcoin against El Salvador in a politicized attempt to sanction Bukele’s administration on alleged human rights violations. Latam Insights Encore: U.S. Senate Weaponizes Bitcoin Against […]

New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms
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Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in prison, with harsher penalties for larger transactions. Crypto Firms Eye Exit Amidst Legal Uncertainty Hungarian digital asset traders using “unauthorized” cryptocurrency exchanges face up to two years in prison under newly enacted legislation. Those conducting […]