The updated form omits previously included details such as digital wallet addresses and transaction IDs. Public comments on the form are open for 30 days
The IRS has released an updated draft of Form 1099-DA, which will be used to report digital asset transactions starting in 2025.
The Republican congressperson's Bitcoin income tax bill follows his visit to El Salvador, the first nation to adopt BTC as legal tender
The resolution marks a key step in FTX's ongoing bankruptcy proceedings
The U.S. Department of Justice filed charges against the "Bitcoin Jesus" and will seek his extradition