π’ Coinbase Criticizes New U.S. Crypto Tax Rules πΊπΈ
The exchange is pushing back on new reporting requirements.
β’ Says platforms may have to report stablecoin transfers and small gas fees to the IRS
β’ Argues assets like $USDC usually donβt change value, making the reporting excessive
β’ Coinbase says tax rules should focus on actual taxable income, not every small on-chain transaction
The exchange is pushing back on new reporting requirements.
β’ Says platforms may have to report stablecoin transfers and small gas fees to the IRS
β’ Argues assets like $USDC usually donβt change value, making the reporting excessive
β’ Coinbase says tax rules should focus on actual taxable income, not every small on-chain transaction
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π’ U.S. spot Bitcoin ETFs have recorded two consecutive weeks of net inflows for the first time in five months.
In March so far, $BTC ETFs have attracted $568.45M in net inflows, breaking a four-month streak of monthly outflows.
In March so far, $BTC ETFs have attracted $568.45M in net inflows, breaking a four-month streak of monthly outflows.
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π’ OpenAI Hardware Leader Resigns Over Pentagon AI Deal
A key executive at OpenAI has stepped down amid concerns about military involvement in AI.
β’ Caitlin Kalinowski, OpenAIβs hardware lead, has resigned from the company.
β’ Her departure reportedly relates to concerns about OpenAIβs AI partnership with the Pentagon.
β’ The situation highlights growing debate around AI development and military use.
A key executive at OpenAI has stepped down amid concerns about military involvement in AI.
β’ Caitlin Kalinowski, OpenAIβs hardware lead, has resigned from the company.
β’ Her departure reportedly relates to concerns about OpenAIβs AI partnership with the Pentagon.
β’ The situation highlights growing debate around AI development and military use.
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