U.S. IRS publishes new crypto tax guidelines for forks, income, and gains LeapRate

October 15, 2019 BY Valentina Kirilova

U.S. IRS publishes new crypto tax guidelines for forks, income, and gains

The Internal Revenue Service (IRS), the tax collection agency in the United States, is three months into its crackdown on taxpayers that may have forgotten to report their crypto related transactions back in April. Up to now, they have furnished an assortment of educational materials and telephone “hot-line” support, but, in their infinite wisdom, the…

The Crypto Taxman is coming – Are you ready for him?

August 16, 2019 BY Mariela Naydenova

IRS warns crypto investors again - trouble ahead

The IRS has already sent a letter of warning to cryptocurrency investors to properly claim their "digital assets" and pay the respective taxes. Now, only after a few months after the first warning, the second one is in. This time, however, the letter is received by some crypto investors whose federal tax returns do not…

July 29, 2019 BY Mariela Naydenova

IRS warns crypto investors: stiff punishment if you don't pay taxes

The Internal Revenue Service (IRS) has began sending out letters to crypto holders to "advise" them to pay taxes, otherwise the IRS will follow up with stiff punishments to the tax dodgers. According to The Guardian, the IRS has sent more than 10,000 letters to cryptocurrency investors warning them that they will be "punished" if…

July 19, 2017 BY admin

CME announces 1st cleared Korean Won & Indian Rupee interest rate swaps

CME Group, the global derivatives exchange, and marketplace, today announced it has cleared two new swap currencies: the Indian Rupee (INR) Overnight Index Swaps (OIS) and Korean Won (KRW) Interest Rate Swaps (IRS). With these two new additional currencies, CME Group now offers 21 clearable OTC IRS currencies. Sean Tully, Senior Managing Director of Financial…

June 02, 2016 BY Mike Fox

CME Group granted license to clear non-Yen interest Rate swaps in Japan

CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, announced that Chicago Mercantile Exchange Inc. (CME) has been formally granted the status of Foreign Clearing Organisation (FCO) by the Prime Minister of Japan on 1 June 2016. With this FCO status, the clearing house division of CME, CME Clearing, is now able to clear non-Yen interest rate swaps on behalf…

January 19, 2016 BY Mike Fox

EurexOTC Clear offers new incentive programme “Expand Liquidity”

Eurex Clearing announced the offering of a new incentive programme called “Expand Liquidity” which grants fee incentives to all Clearing Members and Registered Customers for their OTC Interest Rate Swap business. The new incentive programme “Expand Liquidity” follows the recently expired incentive programmes “EMIR Readiness” and “On-boarding incentive programme” which offered a fee discount resp.…

September 03, 2015 BY Mike Fox

CME Group completes first multilateral compression cycle using TriOptima's triReduce Service

"With the ongoing implementation of Basel III, financial institutions are highly focused on improving their leverage ratios by gaining the greatest efficiencies possible," said Sunil Cutinho, President of CME Clearing.

September 01, 2014 BY Mike Fox

FIA’s fifth SEF Tracker allows users to analyze underlying data

FIA publishes the SEF Tracker monthly, using public data collected directly from the SEFs. The report also includes similar data from trading venues that have opted to register with the Commodity Futures Trading Commission as designated contract markets.

Tag: IRS