New code fuels rumors X payments launch may be imminent
The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025. Source link
DeFi proponents to fight US IRS tax code
The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets. Updated rules from the IRS published on Dec. 27 would direct some “DeFi brokers” to operate like traditional finance institutions by collecting certain user activity data and reporting on cryptocurrency […]
