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IRS postpones cryptocurrency tax rules until 2025 to benefit tax payers.
CeFi

IRS Postpones Cryptocurrency Tax Reporting to 2025: Key Changes Ahead

The IRS has delayed cryptocurrency tax reporting rules until December 31, 2025, allowing brokers more time to adjust accounting methods. This temporary relief aims to benefit cryptocurrency holders...

CeFiIRS announces temporary relief for CeFi exchange users regarding tax regulations.

IRS Provides Temporary Relief for CeFi Exchange Users Ahead of New Tax Regulations

The IRS has announced a temporary relief measure for CeFi exchange users, allowing continued use of specific unit identification for transactions from Jan. 1, 2025, to Dec. 31, 2025. This important...

CeFiGraph showing September 2024 cryptocurrency funding decline

Crypto Market Funding Declines 9.6% in September 2024

The cryptocurrency market experienced a funding decline in September 2024, totaling $641 million. This marks a 9.6% decrease from last year and an 18.6% drop from August 2024. Explore the top secto...

CeFiGraph showing September 2024 crypto market funding decline of 9.6%.

Crypto Market Experiences 9.6% Decline in September 2024 Funding

In September 2024, the cryptocurrency market saw a total funding of $641 million, marking a 9.6% decrease from the previous year. A detailed look at funding deals shows a decline in both number and...

CeFiUsual Protocol and LayerZero partnership announcement illustration.

Usual Protocol and LayerZero Join Forces for Cross-Chain Innovation

On October 2, Usual Protocol announced a significant partnership with LayerZero to enhance cross-chain interoperability. This collaboration aims to integrate Usual's stablecoin into Layer 2 network...