Wednesday, October 22, 2025
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U.S. Lawmakers Brad Sherman, Stephen Lynch Urge IRS and Treasury to Hurry Crypto Tax Rules

IRS official Julie Foerster said in April during CryptoX's Consensus event that she could not say when the agency planned to update and clarify the guidance, and that it was looking into other ways of communicating with the industry so that taxpayers can voluntarily comply with the reporting requirement. Source

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Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto exchange, FTX. Joe Rotunda, director of enforcement at the Texas State Securities Board reportedly told Bloomberg in a Nov. 22 report

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Comedian Stephen Colbert spoofs ‘Colbert Coin’ in response to rise in crypto scams

Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.In a Wednesday segment on members of Generation Z falling for scams inside and outside of the crypto space, Colbert referenced

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