Latest Stories

Arizona Charges Kalshi With Illegal Gambling Operation

Arizona said it filed criminal charges against Kalshi for operating an illegal gambling business, in a significant escalation in the legal battles between the prediction market exchange and about a dozen states.

CFTC Says Crypto Wallet Software Developer Can Facilitate Trades

The Commodity Futures Trading Commission’s Market Participants Division said it has issued a no-action position in response to a request from Phantom Technologies Inc., a developer of self-custodial crypto asset wallet software, stating that it will not recommend enforcement action against Phantom for failure to register as an introducing broker.

AI Poses Private Capital Opportunity, Mayer Brown Chief Says

Outside investors circling law firms may help some shoulder the growing costs of artificial intelligence, according to Mayer Brown’s Jon Van Gorp. Van Gorp spoke to Bloomberg Law reporter Roy Strom about AI’s “big question that everybody’s talking about.” He also discussed his firm’s focus on servicing energy markets, the turbulent times for private credit markets, and the impact of President Donald Trump’s war on the legal industry.

Tax Your Crypto and NFTs? Yes, the IRS Wants Its Cut

Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.

Accountants Take Center Stage in Trump, FTX Trials (Podcast)

From Across Bloomberg Law

Daily Tax Report ®Daily Tax Report InternationalDaily Tax Report StateFinancial Accounting
  • Daily Tax Report ®
  • Daily Tax Report International
  • Daily Tax Report State
  • Financial Accounting