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sophiom5i

@sophiom5i

140 Following
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@sophiom5i
At that point, chances are the IRS will start asking questions about why that user didn’t report the rest of those transactions.
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When asked which method is smartest, Fuller — who spent 15 years as an attorney at the IRS — said that intentionally leaving certain transactions off one’s tax returns is “an affirmative effort at obfuscating their tax reporting, and those were the things the IRS was looking for.”
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“It’s time for the Commission to rectify its approach and develop crypto policy in a more transparent manner,” said the SEC’s acting chair, Mark Uyeda.
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“By expanding off-ramping capabilities with Transak, MetaMask is removing barriers between crypto and traditional currency, allowing users to convert a broader range of tokens directly to cash,” said Lorenzo Santos, senior product manager at Consensys.
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As Cointelegraph reported on Feb. 21, Solana token launches are slowing significantly, with Pump.fun, a Solana memecoin launcher, posting its weakest revenue since early November 2024.
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https://warpcast.com/avacas138/0x7ec3987b
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https://warpcast.com/irisdrewson/0x23d8bf77
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https://warpcast.com/bonnieben5n/0x670c9a74
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A delegation of UK members of parliament (MPs) from major political parties will attend the inaugural course, led by Lisa Cameron, the founder of the UKUS Crypto Alliance and an MP from 2015 to 2024, according to a Feb. 17 announcement shared with Cointelegraph.
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The initiative would explore tokenized equities, real estate, “sukuk,” — an Islamic financial instrument similar to conventional bonds — and use cases surrounding sustainability, such as carbon credits.
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In September 2024, the Hashgraph Association said it would work with stakeholders in Qatar over the following 12 months to explore five digital asset use cases in the country.
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Youssefi said that the team is managing risk for investors and “collaborating with other stakeholders in the space” to support the development of frameworks that overcome the technological challenges associated with asset tokenization.
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One of the advancements in this field is undoubtedly the emergence of zero-knowledge (ZK) proofs, a technology that allows a human to prove themselves without revealing any personal information. Startups developing this technology include Worldcoin, ONCHAINID and RisedID, to name a few.
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Several protocols have been working on ways to provide ID verification onchain over the past few years.
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Financial institutions are now looking at risk frameworks for tokenized assets. In other words, they want to ensure compliance with legal requirements, security risks and market volatility issues are addressed. According to Gurbunov:
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The maximum profit target from the pole’s length indicates that XRP could hit a new all-time high of $6.40. This would represent a 154% uptick from current prices.
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Key resistance levels to watch on the upside are $2.80, the six-year high of $2.90 and the $3.00 psychological level. A high volume move above these resistance levels could accelerate the rally to all-time highs at $3.48 and into price discovery.
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XRP confirmed a bull flag pattern on Dec. 16 when it closed above the upper boundary of the flag at $2.41. XRP is currently testing the resistance level at $2.60 after establishing support from the flag’s previous resistance line.
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Bullish sentiments surrounding the launch could help XRP's price overcome the $2.90 resistance level and move higher into territories above $3.0.
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Pegged 1:1 to the US dollar, RLUSD is set to launch on the XRPL and Ethereum blockchains and will be backed by cash reserves and US treasury bills. RLUSD will require XRP for transaction fees.
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