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IRS crypto scrutiny

July 31, 2021 By Asi de Silva

Crypto tax refresher as regulatory scrutiny spikes

Dispatch #25 – 2021 July 30th, 2021 This is a holiday-shortened edition of the Dispatch that provides a mid-year tax refresher for US readers. The key message is that YOU are responsible for keeping track of the cost basis and calculating gains/losses. There’s rising bipartisan support to crack down on crypto tax avoidance and the […]

Filed Under: News, The Dispatch Tagged With: Bitcoin futures liquidation, crypto futures leverage, crypto tax, debt service moratorium, IRS crypto scrutiny

May 8, 2021 By Asi de Silva

SEC delays Bitcoin ETF but Bitcoin adoption momentum accelerates

Dispatch #14 -2021 May 7th, 2021 The Dispatch starts with SEC delaying the Bitcoin ETF application by Van Eck. Then, we will delve into the accelerating momentum on Bitcoin adoption. Perhaps the most important story is the possibility of multiple banks offering their customers access to Bitcoin with the help of NYDIG. The FT story […]

Filed Under: The Dispatch Tagged With: bitcoin ETF, Citibank, crypto adoption, crypto ETF delay, Digital Dollar, Ether, Ethereum, Ethereum deflation, Gary Gensler, IRS crypto scrutiny, JP Morgan, JPM, NYDIG, SEC, SEC crypto ETF approval, Trevor Lawrence, Van Eck, wealth management, wealth managers crypto access

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