Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December 2024, his legal team requested the dismissal of the charges, arguing that unclear tax rules and improper prosecution were at play. The court is set to review the case in February 2025.
This high-stakes battle sheds light on the growing challenges of crypto taxation. With tighter international tax rules and advanced blockchain tracking, offshore tax evasion is increasingly difficult, raising concerns for crypto investors worldwide.
The Chancellor announced billions of pounds in extra taxes and borrowing to fund a huge investment programme in transport and other infrastructure projects and to improve some public services such
More than half of wealth advisers in the United States surveyed by Bitwise say they’re more open to investing in cryptocurrency after Trump won the US election in November. Bitwise’s latest survey
Press Release from Cayman Finance, Friday 1 March, 2024. Cayman Finance is praising the Ministry of Financial Services for pioneering a first-of-its-kind legislative consultation process for proposed
The Biden administration is rolling out new recordkeeping rules for U.S. investment advisers in its continued effort to clamp down on money laundering, illicit finance and fraud in the American financial