Breaking NewsTron is the Fourth Blockchain to Receive a Coveted Twitter Emoji        TISA turns to Atos for blockchain MiFID II utility in Europe        Irish Charity Receives $1.1 Million Grant to Build Blockchain Platform for Aid Distribution        Rating system for crypto tools hopes to rely on capable AI        Bitcoin miners see their total revenue rise to $ 17.5 billion        Crypto celebrates his Dependence Day in Destroy All Humans!        NYDIG’s $190m Bitcoin fund makes it one of the biggest crypto players        Kraken’s Head of Business: “Bitcoin Could Go to $1000000”        Bitcoin Community Celebrates as Crucial Lightning Network Project Launches        Coinbase’s ‘Data Plumber’ Denies All Allegations        Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins        The Word Stimulus Means “Buy Bitcoin” For This Exec        Lithuania To Trial Europe’s First Central Bank Digital Currency (CBDC)        How to keep your Bitcoin safe and secure        Manufacturing Blockchain Market Leader SyncFab Announces Q2 Results        OKEx, Settle Network roll out LATAM fiat gateway        Emurgo’s dLab Accelerator Scheme        Ethereum DeFi Broke Records in June, But Other Categories Are Suffering        Top 10 NFTs by All-time Trading Volume        Ethereum: Elon Musk denies rumors of collaboration        ETH 2.0 excitement builds throughout the community as it’s staking services grow        June Crypto Wrap: The Bears Took Control of Bitcoin (BTC)        Tron’s logo joins the growing list of crypto emojis on Twitter        Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger        Cryptocurrency Market Update: Another day, another range for Bitcoin        Grayscale Investments Left Holding Altcoin Bags        24000 Lithuania digital token launches next week as CBDC trial        XRP won’t necessarily benefit from Ripple’s success and here is why        Increasing Presence Of High Frequency Trading In Crypto        Russian Courts Can’t Agree on Whether Crypto Is Property        Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain        ‘Animal Crossing,’ a Nintendo Switch bestseller, now lets you go swimming        Digital currency, Amazon strike, E&T Awards and more: best of the week’s news  

De Minimis Exception Could Hinder Crypto Tax Administration

De Minimis Exception Could Hinder Crypto Tax Administration – Law360

Law360 (November 19, 2019, 2:22 PM EST) — While providing an exemption from taxation and reporting requirements for small-value cryptocurrency transactions could help simplify disclosures for holders, it might thwart IRS compliance efforts by encouraging cryptocurrency holders to game the system while increasing administrative burdens.