Face – Cryptocurrency Market Price

Circle continues to face investigation from SEC’s Division of Enforcement, filing states

advertisement The Securities and Exchange Commission continues to investigate the stablecoin-focused crypto company Circle, according to a regulatory filing from October 4. As spotted by CoinDesk reporter Danny Nelson, Circle first received what it called an “investigative subpoena” from the SEC’s Division of Enforcement back in July. The subpoena was first disclosed in an S-4 …

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Ethereum users now face ‘unreasonably’ high transaction fee

News / By Cryptocurrency Market

The crypto market has noted unexpected price action in the past week. While Bitcoin continues to struggle to go close to $10K, many altcoins saw their price surge independent of the king coin. Ethereum too reported a strong market sentiment, as its ecosystem saw a lot of growth with a surge in active addresses. However, …

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Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds

News / By Cryptocurrency Market

Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits and penalties for underpaying taxes on their crypto holdings, a new survey finds. Cryptocurrency accounting service provider Blox and tax software developer Sovos conducted a survey of roughly 45 Certified Public Accountants (CPAs) familiar with crypto, finding that the majority believe …

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