At that point, chances are the IRS will start asking questions about why that user didn’t report the rest of those transactions.

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.”

“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.

“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.

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.

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.

In August 2024, the SEC of Nigeria issued its first license to a crypto exchange, which signaled the beginning of regulatory clarity and oversight for cryptocurrency in the African nation. Later, in September 2024, the SEC planned to start enforcement actions against unregulated exchanges — the catch being that there were only two regulated exchanges in the country at that time.

Ryan Selkis, a Trump backer and the former CEO of crypto research firm Messari, recommended the president-elect “fire” whoever launched the MELANIA memecoin, claiming they “don’t know what they’re doing” and don’t have Trump’s best interests in mind.

Coinbase hired History Associates Incorporated to submit a FOIA request to the FDIC, which was denied and resulted in legal action to obtain the letters.

Coinbase CEO Brian Armstrong initially filed a Freedom of Information Act request to obtain letters sent by the FDIC in 2022 asking banks to pause crypto-related activities.

The FDIC sent the Coinbase executive heavily redacted versions of the letters — prompting Judge Ana Reyes to order the agency to produce more transparent documents.

Meanwhile, Argentine lawyer Agustín Rombolá, founder and associate of Rombola Mangione law firm, has filed a separate legal complaint about Milei promoting Libra.

Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.

Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.

Rombolá also said his firm is preparing a class-action suit for people who might have invested in the token and lost money.

In other words, “Stick a fork in the SEC’s case against Coinbase, it’s done,” he said.

Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.

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