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Blockchain Bites: Chainlink’s Interest, Ethereum’s ‘ReGenesis’ and Crypto Taxes

www.coindesk.com

Binance announced the rollout of its crypto debit card, the U.K.’s central bank is thinking hard about a digital currency and the taxman cometh. Binance Card Binance has announced the first major rollout of a debit card allowing users to pay for goods and services in crypto.

Users can spend crypto – currently bitcoin, Binance Coin, Swipe Coin, and Binance USD – at any merchant that supports Visa payments. CoinDesk’s Nikhilesh De looks into how the Internal Revenue Service’s public guidance on crypto tax reporting fails to account for much of the innovative financial tools enabled by decentralized tech.

Read in Full: www.coindesk.com
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Bitcoin Bitcoin
64636.7000 0.41%
Ethereum Ethereum
3158.05000 0.54%
BNB BNB
616.174000 2.36%
Solana Solana
146.741000 -1.87%
XRP XRP
0.52991200 -1.08%