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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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Alpha Points
NEW
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NEW
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Earn interests with idle tokens
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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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The US Treasury, together with the IRS, has introduced new rules for taxing cryptocurrencies.
The new rules require crypto exchanges to report customer transactions to the IRS, as brokers do, and provide all users with a new Form 1099-DA for reporting digital asset income.
Important: all this also applies to decentralized platforms that do not yet require KYC.
Feedback on the proposal is accepted until October 30, and public hearings are scheduled for early November. If the rules are adopted, they will come into force in 2026.
Earlier, the Biden administration stated that the States missed more than $18 billion in taxes due to loopholes in the tax code used by crypto investors.
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