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Polymarket and Kalshi surpassed $2B in notional trading volume in the week ending Oct. 19, exceeding the previous peak during the 2024 US presidential election (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg : Polymarket and Kalshi surpassed $2B in notional trading volume in the week ending Oct. 19, exceeding the prev...

29 June 2024

The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying (Paul Kiernan/Wall Street Journal)

Paul Kiernan / Wall Street Journal:
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying  —  Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push

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