SEC vs ConsenSys: Crypto Legal Battle and New Tax Rules

The SEC launches a legal battle against ConsenSys over unregistered crypto transactions. Meanwhile, the IRS and US Treasury finalize crypto tax reporting rules amidst industry changes. Plus, a look at the emerging Web3 technologies and partnerships that highlight innovation and expansion.

Sources:
https://coinpedia.org/news/sec-files-complaint-against-consensys-over-unregistered-crypto-transactions/
https://bitcoinist.com/sec-sues-ethereums-consensys/
https://cryptopotato.com/sec-sues-consensys-for-metamasks-swap-and-staking-features/
https://www.cryptotimes.io/2024/06/29/irs-introduces-report-for-digital-asset-transactions/
https://www.tradingview.com/news/cointelegraph:68232aec9094b:0-irs-reveals-final-regulations-for-crypto-broker-rules/
https://www.forbes.com/sites/antoniopequenoiv/2024/06/28/crypto-firms-must-report-info-on-trades-to-irs-under-new-anti-tax-evasion-rule/
https://www.cointrust.com/market-news/rair-technologies-and-hackindia-partner-to-empower-web3-developers-in-india
https://techreport.com/crypto-news/south-korean-crypto-firm-hashed-ventures-partners-with-hub71-to-expand-in-abu-dhabi/
https://www.openpr.com/news/3558963/web3-kuala-lumpur-carnival-w-2140-summit-opens-successfully

Outline:
(00:00:00) Introduction
(00:00:39) SEC Launches Legal Battle Against ConsenSys Over Unregistered Crypto Transactions
(00:02:38) IRS and US Treasury Finalize Crypto Tax Reporting Rules Amidst Industry Changes
(00:04:48) Emerging Web3 Technologies and Partnerships Highlight Innovation and Expansion