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IRS to summon users who don’t report and pay tax on crypto transactions

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The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.

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Coin Market

Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B

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US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks.

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Zoom adds ‘proof of human’ badges to show you’re not a deepfake

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Sam Altman-backed World has rolled out biometric verification badges for Zoom enterprise users, aiming to combat AI deepfake impersonation and fraud.

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South Korea to meet crypto exchanges amid calls for tax delay

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Finance officials are reportedly set to meet major crypto exchanges on Tuesday, days after a lawmaker introduced legislation that could push the tax’s start date back two years.

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