U.S. President Joe Biden’s proposed budget will be released on March 9, including a stipulation for tax loss loopholes on crypto transactions. The budget blueprint will include a provision to reduce wash sales. Currently, crypto investors can trade any cryptocurrency at a loss,...
Coinbase CEO Brian Armstrong has disclosed some unsettling rumors regarding the Securities and Exchange Commission’s (SEC) plans for crypto staking in the United States. In a Twitter thread on Feb. 9, Armstrong alleged the SEC wanted to get rid of crypto staking for...