IRS Restores $20,000 Threshold for Form 1099-K Reporting
The Internal Revenue Service (IRS) reinstated the reporting threshold for Form 1099-K to its pre-2021 levels on October 23, 2023. This decision comes under the provisions of the One Big…
PayPal Launches PYUSD Payments as SEC Delays Key ETF Decisions
Several major developments have emerged in the cryptocurrency sector, highlighted by PayPal’s recent launch of its PYUSD payment service, which enables merchants to accept over 100 cryptocurrencies. Concurrently, the U.S.…