White House Muses Giving The IRS Insight Into Offshore Holdings Of US Citizens

The White House is weighing a proposal that could give the IRS direct visibility into Americans’ offshore crypto accounts, signaling the biggest shift in U.S. digital-asset oversight in years. Administration Evaluates U.S. Entry Into Global Crypto-Reporting Pact The proposal, as reported first by Decrypto on Monday, involves joining the...
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Bit Digital Bets Big On ETH Staking As Mining Plans Fade

Bit Digital, Inc. (NASDAQ:BTBT) signaled a decisive shift in its business model after a surge in Ethereum (CRYPTO: ETH/USD) staking rewards fueled stronger third-quarter revenue, underscoring the company’s accelerating pivot away from Bitcoin (CRYPTO: BTC/USD) mining and toward building a large, yield-generating ETH treasury. H.C. Wainwright & Co. analyst...
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