Former Ripple CTO Says Schwartz Will Always Be 'Heart of XRP'

Russia’s central bank intends to comprehensively study the country’s cryptocurrency market and compile its findings within months. The authority will be collecting detailed information from market participants to determine how much Russians are invested in crypto assets and derivatives. Russian central bank to carry out massive crypto survey The Central Bank of Russia (CBR) is […]

Like its name implies, Sit and Go tournaments, widely popular as SNG poker events, allow players to jump into the action immediately, appealing to players who prefer not to wait for scheduled games.  These events start as soon as the seats are filled rather than at a set time, ensuring a more spontaneous and fast-paced […]

The post US Is Relaxing Crypto Tax Law For Companies Like MicroStrategy appeared on BitcoinEthereumNews.com. The US Treasury Department and the Internal Revenue Service (IRS) are preparing to relax a proposed tax rule that subjected crypto companies to a 15% minimum tax on unrealized gains from their digital asset holdings. This new guidance responds to significant pushback from companies like MicroStrategy and Coinbase. They argued that taxing paper profits on crypto was unfair and inconsistent with the treatment of traditional assets like stocks and bonds. IRS Eases Corporate Crypto Tax Burden Sponsored The Treasury Department and IRS issued interim guidance to ease the financial burdens of the Corporate Alternative Minimum Tax (CAMT). Today, the US Senate Finance Committee continued the conversation on the taxation of digital assets during a hearing led by Chairman Mike Crapo.  “Currently, our tax code does not provide straightforward answers for many digital asset transactions, whether someone is buying a cup of coffee, donating to charity, investing, lending, mining or staking,” Crapo said, adding, “lingering tax uncertainty also makes the US a less attractive place to do business and invest, and hurts tax compliance.” The confusion surrounding CAMT gained momentum recently due to Congress’s focus on developing new digital asset taxation policies. The Unrealized Gains Tax Trap Sponsored The Corporate Alternative Minimum Tax (CAMT) refers to a 15% minimum tax created by the 2022 Inflation Reduction Act. It’s levied on the largest corporations, typically those reporting over $1 billion in average annual income. The tax is calculated based on the profit they report to shareholders on their financial statements. As a result of Treasury and IRS interim guidance issued yesterday, Strategy does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its bitcoin holdings. $MSTR https://t.co/DEgluG8oEN — Michael Saylor (@saylor) October 1, 2025 In December 2023, the IRS introduced the Financial Accounting Standards…