Coindesk
Crypto News Source: coindesk.com
IRS Shares New Crypto Tax Form, Invites Industry Input
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.Source link
Crypto Needs to Radically Rethink Token Distribution
The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc.Source link
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.Source link
CoinDesk 20 Performance Update: XRP’s 7.8% Decline Weighs on Index
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses.Source link
Bitcoin’s 12% Price Rally on Thursday Was The Biggest Since February 2022
Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns.Source link