News about Usa

by COINS NEWS - 7 months ago

Gary Gensler Defends His Anti-Crypto Crusade

Gary Gensler gave a prepared statement today (September 12th) trying to justify his agency's crackdown on crypto. In particular, he has filed a flurry of lawsuits for noncompliance with securities laws. Despite losing some high-profile cases (aga...

by COINS NEWS - 8 months ago

All You Need to Know About Moon Taxes (USA) - [SERIOUS]

Moon Distro = Airdrop = Ordinary Income Officially, the monthly 'Moon distro' is an airdrop. Fortunately, the IRS has already specified that new coins received through an airdrop are taxed as ordinary income. Therefore, you owe income taxes o...