Search results for "CHOICE"
2026-04-27
12:51

Major CEX Urges U.S. Congress to Implement Crypto Tax Exemption Threshold and Allow Staking Reward Tax Timing Choice

Major CEX urges Congress to set a minimum tax-exemption for crypto transactions and offer flexible staking-report timing, citing IRS forms show most trades under thresholds and heavy reporting burden. The article reports that a major centralized exchange is urging U.S. Congress to establish inflation-adjusted minimum exemption thresholds for crypto transactions and to allow taxpayers to choose when to report staking rewards. It cites CoinDesk data showing 56 million crypto tax forms filed for 2025, with most transactions valued under $50, illustrating the administrative burden of current reporting rules and the need for policy changes.
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09:53

Sam Altman Details Failed Negotiations with Elon Musk Over OpenAI Control, Lawsuit Set for April 27

Altman on Core Memory recounts failed OpenAI governance talks with Elon Musk: stages of compromise toward a for-profit model, Musk's demands for majority stake and CEO control, Altman opposing absolute power, with trial looming. Abstract: Sam Altman details, on Core Memory, failed negotiations with Elon Musk over OpenAI governance, outlining moves toward a for-profit model, Musk's demands for majority stake and CEO authority, and Altman's rejection of absolute control; the litigation looming with a trial set for April 27.
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