IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini. According to reports, custodial account transaction information involving crypto assets will be synchronized to the IRS through Form 1099-DA and

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IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' tax filings.

For the CFTC to fold on a case like this for only a $5 million settlement is indicative of a much more dovish stance,” said Joe Doll, general counsel for Magic Eden, who is not involved in the matter.

Crypto tax changes for 2025: centralized exchanges like Coinbase and Gemini will report your transactions to the IRS using the new 1099-DA form.

The U.S. Court of Appeals for the Third Circuit ruled on Jan. 13, 2025, in favor of Coinbase in its legal battle with the Securities and Exchange Commission (SEC).

Gemini also faces another case with the Securities ... U.S. regulators have sued a number of crypto exchanges, including Coinbase and Binance, for violating securities laws. Many observers have ...

US crypto tax rules begin in 2025, requiring exchanges to report transactions to the IRS. Trump’s pro-crypto stance sparks industry optimism.

Crypto exchange Gemini agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about how easily the price of a bitcoin futures contract could be manipulated.

Donald Trump’s Solana-based memecoin, launched on January 17, has already reached a market cap of $26.7 billion at the time of publication. However, industry experts remain uncertain about its long-term impact on the crypto industry.

Despite the competitive memecoin market, the “Official Trump” (TRUMP) token quickly reached a $6.9 billion market capitalization. It was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin. The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.

Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, hosted wallet providers, and payment processors must track and report