Crypto Tax Guidance Could Come ‘in 12-ish Months,’ Says IRS Official
The IRS’ point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023
Web3 News From Consensus
A special edition of The Airdrop on the ground in Austin at CoinDesk’s festival.
Bermuda Premier David Burt: ‘Nobody Is Coming to Bermuda to Flee Regulation’
Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda to be regulated.
Bitcoin Use Cases Are Seeing ‘Explosive Growth,’ Trust Machines Says
“Bitcoin is fun again because there’s a place to build again,” said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021.
Yuga Labs CEO: ‘The Metaverse Is Not New’
The company behind the Bored Apes Yacht Club has a new CEO from Web2, and he knows that you can’t build Web3 with a Web2 mindset.
Global Crypto Regulation Needs Coordination, Not Duplication, Legal Experts Say
“It’s not good to put crypto all in the same basket and look at it in a vacuum,” said Marianne Bechara, senior counsel at the IMF.
Genesis Bankruptcy Parties Agree to a 30-Day Mediation Period
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court.
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO
Mike Seavers will join the home of Bored Ape Yacht Club on May 22.