GAO

Capitol of the United States, Washington, D.C. USA (Louis Velazquez/Unsplash)
Federal Regulators Are Needed for Crypto Oversight: U.S. Accountability Office
Regulators lack an ongoing coordination mechanism for addressing blockchain risks in a timely manner, the report says
Capitol of the United States, Washington, D.C. USA (Louis Velazquez/Unsplash)

IRS Commissioner Charles Rettig (Image via U.S. Treasury Department / Wikimedia Commons)
IRS Refused to Clarify Its Crypto Tax Guidance Isn't Binding, US Watchdog Says
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
IRS Commissioner Charles Rettig (Image via U.S. Treasury Department / Wikimedia Commons)

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US Government Watchdog: Regulations Are Hobbling DLT Innovation
The U.S. Government Accountability Office said cumbersome U.S. financial regulations are inhibiting innovation by distributed ledger tech startups.
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egg, smash
The IRS is Catching Flack Again for Weak Bitcoin Guidance (This Time on IRAs)
A US government watchdog wants more guidance from the IRS on investing retirement accounts in digital currencies and other "unconventional assets".
egg, smash