Chester County News and Community Website
The Federal Trade Commission announced a recent settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers’ assets and is filing suit against its former CEO, …
Crypto Company Voyager Digital Settles with FTC, but Consumers Lose Billions: What Went Wrong? Read More
The Department of the Treasury and the Internal Revenue Service recenlty issued proposed regulations that would require brokers to report sales and exchanges of digital assets by customers.
New Treasury and IRS Regulations: Brokers’ Reporting for Digital Asset Sales and Exchanges Unveiled Read More
In the wake of the cryptocurrency industry’s implosion, U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, is calling for stronger financial …
Brown: Why Financial Safeguards Are Needed for Digital Assets Read More
The Internal Revenue Service is reminding taxpayers that they must again answer a digital asset question and report all digital asset-related income when they file their 2022 federal income tax …
Taxpayers Must Report All Digital Asset-Related Income: IRS Read More